Book (1).xlsx - Income Statement Details Year-1 Year-2 Year-3 Sales $87,150 $91,508 $95,865 Direct Cost of Sales $21,788 $22,877 $24,021 Other Costs of

Book (1).xlsx - Income Statement Details Year-1 Year-2...

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Income Statement Details Year-1 Year-2 Year-3 Sales $87,150 $91,508 $95,865 Direct Cost of Sales $21,788 $22,877 $24,021 Other Costs of Goods $0 $0 $0 Total Cost of Sales $21,788 $22,877 $24,021 Gross Margin $65,363 $68,631 $71,844 Gross Margin % 75.00% 75.00% 74.94% Expenses $31,200 $31,200 $31,200 Payroll $31,200 $31,200 $31,200 Sales and Marketing $6,000 $6,500 $6,500 Depreciation $0 $0 $0 Rent $18,000 $18,000 $18,000 Utilities $6,000 $6,000 $6,000 Insurance $1,800 $1,800 $1,800 Payroll Taxes $6,000 $6,000 $6,000 Other $0 $0 $0 Total Operating Expe $69,000 $69,500 $69,500 Profit Before Interest ($3,638) ($869) $2,344 EBITDA ($3,638) ($869) $2,344 Interest Expense $644 $0 $0 Taxes Incurred $0 $0 $0 Net Profit ($4,282) ($869) $2,344 Net Profit/Sales -4.91%-0.95%2.45%

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