Minimum Cash Balance Requirement Depreciation Expense Repair Building July

Minimum cash balance requirement depreciation expense

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Minimum Cash Balance - Requirement Depreciation Expense Repair - Building July Total - 6 Months $ 160,811 $ 816,230 $ 112,568 $ 1,132,855 $ 105,000 $ 1,027,855
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July Total - 6 Months $ 65,000 $ 103,200 $ 130,410 $ 136,931 $ 143,777 $ 150,966 $ 63,406 $ 95,109 $ 825,392 Total - 6 Months $ 40,000 $ 2,066,620 $ 2,106,620 $ 825,392 $ 612,172 $ 714,201 $ 30,000 $ 10,000 $ 2,191,765 $ (85,145) $ 167,782 $ - $ 2,637 $ 165,145 $ 80,000
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ents 5.00% 40.00% 50.00% 50.00% 40% 10% 70% $ 105,000 60% 40% $ 40,000.00 30% $ 5,000.00 35% 0.5000% $ 80,000.00 $ 2,500.00 $ 10,000.00
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PROFORMA INCOME STATEMENT - 6 MONTHS OF OPERAT Period January February March Sales $ 300,000.00 $ 315,000.00 $ 330,750.00 Cost of Goods Sold $ 120,000.00 $ 126,000.00 $ 132,300.00 Gross Profit $ 180,000.00 $ 189,000.00 $ 198,450.00 OPERATING EXPENSES Rent $5,000 $5,000 $5,000 Depreciation Expense $ 2,500.00 $ 2,500.00 $ 2,500.00 Commission Expense $90,000 $94,500 $99,225 Other Operating Expense $105,000 $110,250 $115,763 Interest Expense $ 10 $ 226 $ 369 Repair - Building 10000 TOTAL OPERATING EXPENSE $202,510 $222,476 $222,856 NET INCOME $ (22,509.65) $ (33,475.91) $ (24,406.49)
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TIONS - 2020 April May June $ 347,287.50 $ 364,651.88 $ 382,884.47 $ 138,915.00 $ 145,860.75 $ 153,153.79 $ 208,372.50 $ 218,791.13 $ 229,730.68 $5,000 $5,000 $5,000 $ 2,500.00 $ 2,500.00 $ 2,500.00 $104,186 $109,396 $114,865 $121,551 $127,628 $134,010 $ 519 $ 675 $ 839 $233,756 $245,199 $257,214 $ (25,383.01) $ (26,407.75) $ (27,483.13)
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SUNNY DAYS INCOME STATEMENT For the Half Year Ended June 30, 2020 Sales $ 2,040,574 Cost of Good Sold $ 816,230 Gross Profit $ 1,224,344 OPERATING EXPENSE Rent $ 30,000 Depreciation expense $ 15,000 Commission Expense $ 612,172 Other Operating Expense $ 714,201 Interest Expense $ 2,637 Repair $ 10,000 TOTAL OPERATING EXPENSE $ 1,384,010 NET INCOME $ (159,666)
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  • Winter '17
  • Revenue, Expense, Generally Accepted Accounting Principles, Goods Sold

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