Question
I need a cash flow statement. Here is the profit and loss statement 12/31/2020 12/31/2021 Net revenue 250,600 290,000 Cost of Goods Sold $0 $0
I need a cash flow statement. Here is the profit and loss statement
| 12/31/2020 | 12/31/2021 |
Net revenue | 250,600 | 290,000 |
Cost of Goods Sold | $0 | $0 |
Gross profit | 250,600 | 290,000 |
Operating expenses |
|
|
Payroll for staff | $109,343 | $118,322 |
Payroll taxes for staff | $29,920 | $30,423 |
Rent for location | $2400 | $3,600 |
Heat and electric | $1800 | $1800 |
Water and sewer | $600 | $600 |
Workmans comp | $600 | $600 |
Premise insurance | $600 | $600 |
Advertising and marketing | $1200 | $1200 |
Entertainment & Food | $600 | $600 |
Professional development and training | $1200 | $1200 |
Office supplies and equipment You would only show the depreciation as these are fixed assets on the balance sheet | $700 | $800 |
Miscellaneous expenses | $12,000 | $12,000 |
On site therapist | $19,500 | $19,500 |
Professional liability | $9,000 | $12,000 |
Pretax operating expenses total of above | $189,463 | $203,255 |
Income before other income and expenses | 61,137 | 86,745 |
Interest expense | $20,048 | $23,000 |
Income before taxes | $250,600 41,137 | $290,000 63,745 |
Income tax expense | 0 | 0 |
Net income | $61,137 41,137 | $86,745 63,745 |
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