Mobile Oil Change Business Income Statement

Attached is a framework to facilitate the development of the Income statement.

Please complete the following Income Statement for a Mobile Oil Change Business.

INCOME STATEMENT

YEARS 1

From ____________ to _____________

		Month 1	Month 2		Month 12	Total
	Sales/Revenue
	Credit/Cash Sales
	Less Returns
	Net Sales/Revenue
	Cost of Goods Sold
	Gross Profit
	Operating Expenses
	Wages and Salaries
	Payroll Expenses
	Professional Services
	Depreciation
	Repairs
	Maintenance
	Supplies
	Advertising - Promotion
	Rent
	Interest on Loans
	Telephone
	Utilities
	Insurances
	Other Operating Expenses
	Total Operating Expense
	Profit Before Taxes
	Income Taxes
.	Net Profits