calculate gross profit for 2014,2015,2016

EXHIBIT 2: DETROIT BIKES'S ESTIMATED AND PROJECTED INCOME STATEMENTS, 2014-2016 (IN US$) Single Bike 2014 2015 2015 $ 699.99 1,000 699,990 3,500 2.449.965 500 3,149,955 $ no 150 100 531 150,000 100,000 531.400 525,000 350,000 1,859,900 675,000 450,000 2,391 300 Revenue Bikes Sold/Year Bike Sales Expenses Costs of goods sold (current) Costs of goods sold (projected) Wages (including benefits) General and Administrative Fixed salaries Utilities (per month * 12) Insurance Total Expenses Current Total Expenses Projected Net Income: Current University of Regina by w Use outside the parti capillation only in the course BUS 210 - Introduction to Marketing $ 562,801 $ 185,652 $ 722 $ $ $ 562,801 185,652 722 1.430,575 1,380,575 (730,585) 562,801 185,652 722 3,134,075 2,959,075 (684,110) 562 801 185,652 722 3,815,475 3,590,475 (665,520) Note Estimates do not include the C Type model, as the authors did not have sufficient information on costs. The red salaries represented the salanes for the marketing department, the human resources manager, and the chief operating officer Source: Employee interviews and public documents