Hello,

Store front Ice cream truck Total

Sales 1,426,000 940,000 2,366,000

Variable exp 713,000 470,000 1,183,000

CM 713,000 470,000 1,183,000

Ad 25,000 2000 27,000

Rent 150,000 0 150,000

Salary 350,000 135,000 485,000

Dep 55,000 24,000 79,000

Utilities 17,000 12,000 29,000

Op income 116,000 297,000 413,000

taxes 29,000 74,450 103,250

NI 87,000 222,750 309,750

If storefront is sold, equipment will be sold to a competitor for $20,000

Misfizt will no longer continue the lease, however they will spend 6,000 for parking spots

Ad for ice cream trucks increases to 13,000

The owners would like to keep their salary of 100,000 each despite the store closing

The storefront would cater events over winter, this will continue with the trucks. This will produce revenue of 250,000, with additional utilities cost of $500

The owners would like to understand the cash flow impact in the next five years if they choose to close the storefront.