Cash Flow Statement Project 1

Cash Flow Statement Project 1 - 1200 1250 2450 Personal...

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Page 1 1-Jan-10 31-Dec-10 FIXED VARIABLE TOTAL Gross salary and wages: $50,580 $0 $50,580 Michael Dance 0 0 0 Bonuses $3,000 0 3000 Pensions 0 0 0 Investment income: Interest 7 0 7 Dividends 385 0 385 Capital gains distributions 0 0 0 Rent 0 0 0 Sale of securities 0 0 0 Other income: Prize Money 1500 1500 TOTAL GROSS INCOME $53,972 $1,500 $55,472 Payroll taxes: Income and social security taxes $13,014 $0 $13,014 AFTER-TAX (NET) INCOME $40,958 $1,500 $42,458 Other payroll deductions: Health insurance 864 0 864 Retirement contributions (401K) 2400 0 2400 Other 0 0 0 TAKE-HOME INCOME $37,694 $1,500 $39,194 Planned savings and investments 0 0 0 Housing 12300 0 12300 Utilities 2100 1800 3900 Food (Groceries & Eating Out) 0 6000 6000 Clothing 0 3600 3600 Appliances and furnishings 0 1000 1000 Auto (Maintenance) 0 3000 3000
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Unformatted text preview: 1200 1250 2450 Personal care 600 600 Insurance (not payroll deduction) Auto 1092 1092 Out-of-pocket medical expenses 420 420 Property taxes Gifts 900 900 Charitable contributions 200 200 Loan payments (Education & Auto) 7752 7752 Credit card pymts. (October - December) 1500 1500 250 250 Reinvested monies (Interest, div, cap gain distributions) 392 392 Miscellaneous 600 600 Other TOTAL EXPENDITURES (after take-home income) $26,536 $19,420 $45,956 CASH SURPLUS (DEFICIT) ($6,762) CASH FLOW STATEMENT Name(s): Michael Dance INCOME Expenditures Movie Posters Collection...
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This note was uploaded on 11/10/2010 for the course HDF 322 taught by Professor Kitt during the Fall '08 term at University of Texas at Austin.

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