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Need Income Statments for Smokin Hot BBQ needs year 2 and 3 Also calculate employment taxes and coporate taxes, and intrest for loan as well

Need Income Statments for Smokin Hot BBQ needs year 2 and 3

Also calculate employment taxes and coporate taxes, and intrest for loan as well

This is all I have no more info, the sales needs to by fluctuate and go by 20%, No more info

Startup Statements - Smokin' Hot BBQ
Sources and Uses Capital Equipment List
Sources of funds
Personal Funds 23,700 5 year Year 0 Value at the end of year 1
SBA 7(a) loan 100,000 Computer and software/website 2,500 2,000
Total Sources 123,700 iPad POS 1,000 750
Telephones 500 400
Food Truck 60,000 50,000
Uses of funds Signage 2,000 1,600
Retrofitted Food Truck 60,000 Total 5 year 66,000 54,750
Kitchen Supplies 2,200 $ 1100 depreciation per month
Ingredients 2,000 7 year
Packaging 3,000 Furniture 3,000 2,500
Vehicle - maintenance 500 Kitchen equipment 4,200 3,500
Startup expenses 51,000 Total 7 year 7,200 6,000
Working capital (cash) 5,000 $86 depreciation per month
15 year
Total uses 123,700 Remodeling 10,000 9,000
Total 15 year 10,000
$56 depreciation per month
$1242 depreciation per month
Startup Expenses
Facilities
Initial rent 2,000
Deposits 2,500
Improvements 1,000
Equipment
Outdoor Furniture 3,000
Kitchen equipment 4,200
Computers/software 1,000
ipad POS 1,000
Telephones 500
Vehicles 14,000
Signage 2,000
Other 2,000
Materials
Starting Inventory 1,000
Office supplies 300
Marketing expenses 3,000
Other 500
Fees and other costs
Licenses/Permits/Patents 2,500
Accounting 500
Legal 1,000
Insurance 1,000
Website 500
Other 500
Starting salaries 2,100
Working capital
Starting cash 5,000
Total 51,100
Estimated Sales Smokin' Hot BBQ
Mon. Tues. Wed. Thurs. Fri. Sat. Sun.
Customers 75 Closed 75 75 100 100 120
Lunch
Sales $750 Closed 750 750 1000 1000 1200
Customers 100 Closed 100 100 140 120 80
Dinner
Sales $1,400 Closed 1,400 1,400 1,960 1,680 1,120
Total Revenue $2,150 $0 $2,150 $2,150 $2,960 $2,680 $2,320
Weekly Total Revenue $14,410
Monthly Total Revenue $62,443
Annual Revenue $749,320
Assumptions Average lunch price is $10.00 per person
Average dinner price is $14.00 per person
Wine and beer will be introduced after month 3.
Hours of Operation: 11am - 10pm daily (except on Tuesdays)
% sales per month Jan. 60%, Feb. 70%, Mar. 80%, Apr. 90%, May 90%, June through Dec. 100%

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