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Global Gold Inc. Proforma Income Income Statement Statement January 1 to December 31, 2020 Sales 5905,000 Direct Coats 710,000 12 000 Inersat capence 19,700 Income

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Global Gold Inc. Proforma Income Income Statement Statement January 1 to December 31, 2020 Sales 5905,000 Direct Coats 710,000 12 000 Inersat capence 19,700 Income Before Tax 160,300 Income Tax (3SKI 57.135 Net Income 106,145 Lavidends Addition to H.E. Global Gold Inc. Balance Sheet As of December 11, 2020 Liabilities & Owner's Equity Current Ascots Current Wabilities $ 25,000 Accounts Payable Account Forivable $ 131000 $ 91000 Inventory $ 76,000 Total Current Liabilities Told Current Asset $144 010 Long Term Debt $156,000 Fooed Assets Owner's Equity Net Plant & Equip 5364,000 Common Stock 5 21,000 detained Camn $357.000 5505,000 Total Liab 5 Owner's Equity

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