FIRST YEAR INCOME ESTIMATER

TOTAL REVENUES OR INCOME
LESS SALES TAX AT %
LESS COST OF GOODS SOLD
LESS COST OF PAYROLL FOR ASSEMBLY & SALES
LESS COST OF UTILITIES FOR ASSEMBLY AND SALES
LESS VEHICLE EXPENSE FOR ASSEMBLY AND SALES
PACKAGING & SUPPLIES FOR ASSEMBLY AND SALES
LESS OTHER COSTS THAT VARY WITH SALES VOLUME
NET REVENUES FROM OPERATIONS
PART TWO - ADMINISTRATIVE EXPENSES
PAYROLL & PAYROLL EXPENSE NOT COVERED ABOVE
TAXES AND LISCENSES NOT COVERED ABOVE
INTEREST ON BUSINESS LOANS
TRAVEL & ENTERTAINMENT
VEHICLE EXPENSE NOT COVERED IN PART ONE
SUPPLIES NOT COVERED IN PART ONE
LEGAL AND ACCOUNTING FEES
RENT
UTILITIES NOT COVERED IN PART ONE
TELEPHONE
INSURANCE
ADVERTISING
OFFICE, POSTAGE, ETC.
BANK CHARGES
DUES & SUBSCRIPTIONS
REPAIRS
EQUIPMENT RENTAL & LEASE
DEPRECIATION
OTHER ________
OTHER __________

Income Tax Rate %

Loan Repayment