15000) Actual 2016 Actual 2017 Actual 2018 Actual 2019 Actual 2020 Forecast 2025 Forecast 2024 Forecast 2021 Forecast 2023 Forecast 2022 Income Statement Revenue Cost of services Gross profit Depreciation expense SGBA expense Total expenses EBIT Interest Expense Pretax Profit Tas Net Income 5 245,000 $263,0000 $ 155,500.0 166,0000 89,500.0 97,000.0 20.3250 22.4150 25.500.0 26,700.0 45.825.0 49,1150 41 6750 47,885.0 4,875.0 4.6875 38.800.0 21.1975 9,700.0 10,799.4 $ 29,100,0 $ 32,3981 $ 280,0000 $ 295,000,0 $300,000.0 177.835.0 188.900.0 197.250,0 102,165.0 106,100.0 110.7500 21.900.0 22.5500 24.195.0 28,700.0 29,600.0 30.7600 50.600.0 52.150.0 54.955.0 51 565.0 53.950.0 55.795.0 4,312.5 3,9375 3,5625 47,252.5 50.0125 52,2325 11,8131 12,503.1 13.058.1 35,4394 $ 37,509.4 S 39,1744 Income Statement Revenue Cost of services Gross profit Depreciation expense SG&A expense Total expenses EBIT Interest Expense Pretax Profit Tax Net Income Actual 2016 Actual 2017 Actual 2018 Actual 2019 Actual 2020 $ 245,000.0 $ 155,500.0 89,500.0 20,325.0 25,500.0 45,825.0 43,675.0 4,875.0 38,800.0 9,700.0 29,100.0 $ 263,000.0 $ 166,000.0 97,000.0 22,415.0 26,700.0 49,115.0 47,885.0 4,687.5 43,197.5 10,799.4 32,398.1 $ 280,000.0 $ 177,835.0 102,165.0 21,900.0 28,700.0 50,600.0 51,565.0 4,312.5 47,252.5 11,813.1 35,439.4 $ 295,000.0 $ 188,900.0 106,100.0 22,550.0 29,600.0 52,150.0 53,950.0 3,937.5 50,012.5 12,503.1 37,509.4 $ 308,000.0 197,250.0 110,750.0 24,195.0 30,760.0 54,955.0 55,795.0 3,562.5 52,232.5 13,058.1 39,174.4 $ Forecast 2021 Forecast 2022 Forecast 2023 Forecast 2024 Forecast 2025