2019 Full year 2020 YTD (8 months) Income bryan bryan bryan Mike Mike Mike Isha Isha Duct Work $ 150,000 78,00 1 st and bilal 3 rd bilal 4 th 5th dylan 6 th dylan 7th Mold Work 387,000 Month Month 9th Month 10* 201,240 Month Month 12th Month Gross Sales or Receipts Month Total Year % of Month Month Month Total Month % of Month Water Jobs 75,000 Revenue Year 2 39,000 $1,000 $1,000 Less: Costof Goods Sold - Labor $1,000 $1,000 $1,000 Revenue Total Income 512,000 318,240 Less: Costof Goods Sold - Material Cost of Goods Sold Gross Profit Direct Cost - Labor 2,558 Less Expenses 55,592 Direct Cost - Subcontractors Accounting & Legal 394,243 37,54 Direct Cost - Supplies & Materials Advertising 29,476 19,379 Total Cost of Goods Sold 126,277 Bad Debts 112,517 Gross Profit $ 185,723 Insurance 205,723 Expenses Rent Advertising & Promotional 5,88 Repairs & Main ten an ce $ Amortization 7,199 Salaries & Wages (to others) 1,10 Auto & truck expenses Royalties 680 Fuel Supplies 9,078 Repair & Maintenance 6,018 4. 155 Taxes & License 5,119 Total Auto & truck expenses Other Expenses 13,913 11, 136 Bank Charges Total Expenses 241 S 1,145 Computer Software Net Profit 1,801 S 1,730 Continuing Education 581 Disposal Fees 303 32 $ Dues & Subscriptions 200 17 Insurance 262 6,381 Insurance - Liability 4,309 2,853 3 , 810 Insurance-Auto & W/C 1.628 Interest Expense 1,628 4.079 Lab Fees 7,915 4,224 3,490 Legal & Professional Fees 3, 19 Meals 5,152 298 Merchant Account Fees 1,128 QuickBooks Payments Fees $ 4,472 Total Merchant Account Fees 3,192 4,472 3,784 Miscellaneous 32 Office Supplies 1.60 Payroll Expenses 1,381 Office Taxes $ 6,375 3,953 Office Payroll 85,000 Total Payroll Expenses $2,700 91,37 56,653 Payroll Processing Fee 52 S Purchases .204 S Rent Expense 745 Royalty Payment 2,871 3,094 Small Equipment Purchase 29,278 974 Taxes & Licenses 635 Technology Fee 1,110 609 Telephone 1,638 1,967 Travel 2,021 1,829 Uncategorized Expense Total Expenses $ 163,584 147,560 Net Operating Income 22, 139 58, 162A B C D E F G H K L M N O P Q R S T U V 2019 Fullyear | 2020 YTD (8 months) 1a 2nd 3rd 4th 5th 6th 7th 8th 9th 10th 11th 12th Total Year of Tota %of Income Month Month Month Month Month Month Month Month Month Month Month Month Revenue Year Revenue w Duct Work ,50,000 78,000 Gross Sales or Receipts 51000.00 51000.00 51000.00 51000.00 51000.00 51000.00 51000.00 51000.00 51000.00 51000.00 51000.00 51000.00 612000.00 100.00% 477360.00 100.00% 4 Mold Work 3,87,000 2,01,240 Less: Cost Goods Sold Labor 213.17 213.17 213.17 213.17 213.17 213.17 213.17 213.17 213.17 213.17 213.17 213.17 2558.00 0.42% 83388.00 17.47% 5 Water Jobs 75,000 39,000 Less: CostofGoods Sold Materials 35309.92 35309.92 35309.92 35309.92 35309.92 35309.92 35309.92 35309.92 35309.92 35309.92 35309.92 35309.92 423719.00 69.24% 85389.00 17.89% 6 Total Income 6,12,000 3,18,240 Gross Profit 15476.92 15476.92 15476.92 15476.92 15476.92 15476.92 15476.92 15476.92 15476.92 15476.92 15476.92 15476.92 185723.00 30.35% 308583.00 64.64% Cost Goods Sold Less Expenses 8 Direct Cost-Labor 2.558 55,592 Accounting Legal 1055.25 1055.25 1055.25 1055.25 1055.25 1055.25 1055.25 1055.25 1055.25 1055.25 1055.25 1055.25 12663.00 2.07% 12516.00 2.62% 9 Direct Cost-Subcortractors 3,94,243 37,547 Advertising 490.75 490.75 490.75 490.75 490.75 490.75 490.75 490.75 490.75 490.75 490.75 490.75 5889.00 0.96% 10798.50 2.26% Direct Cost-Supplies & Materials 29,476 19,379 Bad Debts 0.00 0.00 0.00 0.00 0.00 0.00 0.0 0.00 0.00 0.00 0.00 0.00 0.00 0.00% 0.00 0.00% 11 Total Cost of Goods Sold 4,26,277 1,12,517 Insumance 905.17 905.17 905.17 905.17 905.17 905.17 905.17 05.17 905.17 905.17 905.17 905.17 10862.00 1.77% 620.50 3.06% 12 Gr loss Profit 1,85,723 2,05,723 Rent 62.08 62.0 62.08 62.0 62.08 62.08 62.08 52.08 62.08 62.08 62.08 62.08 745.00 0.12% 4306.50 0.90% 13 Expenses Repais Maintenance 346.25 346.25 346.25 346.25 346.25 346.25 346.25 346.25 346.25 346.25 346.25 346.25 4155.00 0.68% 7678.50 1.61% Adver tising & Promotional 5,889 7,199 Salaries Wages (to others 7126.83 7126.83 7126.83 7126.83 7126.83 7126.83 7126.83 7126.83 7126.83 7126.83 7126.83 7126.83 85522.00 13.97% 79063.50 16.56% Amor in tization 1,100 Royalties 257.83 257.83 257.83 257.83 257.83 257.83 257.83 257.83 257.83 257.83 257.83 257.83 3094.00 0.51% 43917.00 9.20% 16 Auto& truck expenses 680 Supplies 133.75 133.75 133.75 133.75 133.75 133.75 133.75 133.75 133.75 133.75 133.75 133.75 1605.00 0.26% 2071.50 0.43% 17 9,078 5,018 Taxes Licenses 52.92 52.92 52.92 52.92 52.92 52.92 52.92 52.92 52.92 52.92 52.92 52.92 635.00 0.10% 1665.00 0.35% 3 Repair Maintenance 4,155 5,119 Other Expenses 3201.25 3201.25 3201.25 3201.25 3201.25 3201.25 3201.25 3201.25 3201.25 3201.25 3201.25 3201.25 38415.00 6.28% 44704.50 9.36% Total Auto 8 truck expenses 13,913 11,136 Total Expenses 13632.08 13632.08 13632.08 13632.08 13632.08 13632.08 13632.08 13632.08 13632.08 13632.08 13632.08 13632.08 163585.00 26.73% 221341.50 46.37% 20 Bank Charges 241 1,145 Net Profit 1844.83 1844.83 1844.83 1844.83 1844.83 1844.83 1844.83 1844.83 1844.83 1844.83 1844.83 1844.83 22139.00 3.62% 87241.50 18.28% 21 Computer Software 1,801 1,730 22 Continuing Education 581 303 23 Disposal Fees 32 200 24 Dues Subscriptions 17 262 25 Insurance 5,381 4309 26 Insurance- Liability 2,853 3810 27 Insur ance-Auto W/C 1,628 1628 28 Inter e Expense 4,079 7915 Lab Fees 4,224 490 Legal & rofessional Fees 3,191 152 31 Meals 298 1128 32 Mer chant Account Fees $3 QuickBooks Payments Fees 4,472 3192 Total Mer chant Account Fees 4,472 3784 5 Miscellaneous 326