Income Statement and Cash Flows

Income Statement
	2021	2022	2023
Sales Revenue	$371,000	408,100	448,910
Cost of Sales	120,000	130,200	140,520
Gross Profit	251,000	277,900	308,390
Operating Expenses
Supplies expense	10,200	11,220	11,574
Selling, general and administrative expense	6,000	6,300	6,620
Labor & related expense	5,600	6,160	6,776
Depreciation	400	440	480
Total Operating Expenses	$22,200	$24,120	$25,450
Net Income	$228,800	$253,780	$282,940

3 Year Cash Flow Statement
OPERATING ACTIVITIES	2021	2022	2023
Net Income	$ 97,800.00	$ 106,080.00	$ 124,070.00
Changes in Working Capital	$ (320.00)	$ 200.00	$ (150.00)
Depreciation and Amortization	$ 1,200.00	$ 1,500.00	$ 1,700.00
Accounts Receivable	$ (100.00)	$ (70.00)	$ (20.00)
Accounts Payable	$ (50.00)	$ 125.00	$ 200.00
Deferred Taxes	$ 165.00	$ 100.00	$ 25.00
Other	$ (150.00)	$ (100.00)	$ (120.00)
NET CASH FROM OPERATING ACTIVITIES	$ 229,545.00	$ 1 255,535	$ 284,575
INVESTING ACTIVITIES	2020	2021	2022
Cash From Sale Of Capital Assets	$ 1,500.00	$ 1,200.00	$ 2,400.00
Cash Paid for Purchase Of Capital Assets	$ 11,100.00	$ 15,000.00	$ 25,000.00
Increases in All Other Long-Term Assets	$ 5,790.00	$ 3,400.00	$ 2,450.00
NET CASH FROM INVESTING ACTIVITIES	$ 18,390.00	$ 19,600.00	$ 29,850.00
FINANCING ACTIVITIES	2020	2021	2022
Proceeds from Common Stock Issuance	$ 6,300.00	$ 9,500.00	$ 5,200.00
Proceeds from Long-Term Debt Issuance	$ 4,632.00	$ 3,500.00	$ 900.00
Dividends Paid Out	$ (1,000.00)	$ (800.00)	$ (750.00)
NET CASH FROM FINANCING ACTIVITIES	$ 9,932.00	$ 12,200.00	$ 5,350.00
YEAR ENDING	2020	2021	2022
Net Increase or Decrease In Cash and Cash Equivalents During Period	$ 257, 867.00	$ 287,335.00	$ 319,905.00
Cash and Cash Equivalents at Beginning of Period	$ -	$ 257,687.00	$287,335.00
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 257,867.00	$ 414,202.00	$ 459,540.00

Break-Even Analysis

bep : fc(r-vc)

• In order for our business to break-even we must sell at least 3 garbage bins each month which requires the business to sell 36 bins per year.

• Per unit selling price: $653.82 per garbage bin + service fee of $46.18= $700 per unit (Metal Outdoor Trash Can - Diamond Expanded Metal (32 Gallons)).

Can you help me define the revenue, fixed costs and variable costs to come up with the break-even point??