Financial Statements and Timeline

Financial Statements and Timeline - Date Income Statement...

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Date: 05/11/2009 Income Statement - Years 1 - 3 Period Starting: Quarter 1 Quarter 2 Quarter 3 Quarter 4 Quarter 5 Quarter 6 Quarter 7 Quarter 8 Quarter 9 Quarter 10 Quarter 11 Quarter 12 Totals Sales Sales 530,000  100,000  200,000  710,000  1,450,000  670,000  1,300,000  5,400,000  8,400,000  700,000  1,260,000  10,360,000  31,080,000  Other Total Sales 530,000  100,000  200,000  710,000  1,450,000  670,000  1,300,000  5,400,000  8,400,000  700,000  1,260,000  10,360,000  31,080,000  Materials 90,000  17,000  34,000  120,000  420,000  72,000  180,000  840,000  1,440,000  120,000  216,000  1,776,000  5,325,000  Labor 306,000  306,000  306,000  306,000  306,000  306,000  306,000  306,000  306,000  306,000  306,000  306,000  3,672,000  Overhead 36,000  36,000  36,000  36,000  36,000  36,000  36,000  36,000  36,000  36,000  36,000  36,000  432,000  Other 8,500  8,500  8,500  8,500  8,500  8,500  8,500  8,500  8,500  8,500  8,500  8,500  102,000  Total Cost of Goods Sold 440,500  367,500  384,500  470,500  770,500  422,500  530,500  1,190,500  1,790,500  470,500  566,500  2,126,500  9,531,000  Gross Profit 89,500  (267,500) (184,500) 239,500  679,500  247,500  769,500  4,209,500  6,609,500  229,500  693,500  8,233,500  21,549,000  Operating Expenses Salaries and wages 187,500  187,500  187,500  187,500  187,500  187,500  300,000  300,000  400,000  400,000  500,000  500,000  3,525,000  Employee benefits 75,000  75,000  75,000  75,000  75,000  75,000  140,000  140,000  180,000  180,000  200,000  200,000  1,490,000  Payroll taxes 56,000  56,000  56,000  56,000  56,000  56,000  100,000  100,000  125,000  125,000  150,000  150,000  1,086,000  Rent 5,000  5,000  5,000  5,000  5,000  5,000  5,000  5,000  5,000 
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