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COGSCost of Goods Sold XX,XXX.XX Total Cost XX,XXX.XX Gross Profit XX,XXX.XX Expenses Sales Salaries Expense XX,XXX.XX Officers' Salaries Expense XX,XXX.XX Office Salaries Expense XX,XXX.XX Rent

COGSCost of Goods Sold

XX,XXX.XX

Total Cost

XX,XXX.XX

Gross Profit

XX,XXX.XX

Expenses

Sales Salaries Expense

XX,XXX.XX

Officers' Salaries Expense

XX,XXX.XX

Office Salaries Expense

XX,XXX.XX

Rent Expense

XX,XXX.XX

Advertising Expense

XX,XXX.XX

Utilities Expense

XX,XXX.XX

Office Supplies Expense

XX,XXX.XX

Postage Expense

XX,XXX.XX

Telephone Expense

XX,XXX.XX

Insurance Expense

XX,XXX.XX

Depreciation Expense

XX,XXX.XX

Payroll Tax Expense

XX,XXX.XX

Bad Debt Expense

XX,XXX.XX

Miscellaneous Expense

XX,XXX.XX

Total Expenses

XX,XXX.XX

Net Profit/(Loss)

$XX,XXX.XX

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