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Part 6 Section 3 Using the Score Financial Projections Template (See Below) analyze the pictures in their entirety for any aspects that may not be

image text in transcribedimage text in transcribedPart 6 Section 3 Using the Score Financial Projections Template (See Below) analyze the pictures in their entirety for any aspects that may not be obvious to the common financial statement user. Explain each of these areas of possible confusion. Please label each section of confusion by the highlighted label on each excel sheet. The spreadsheet did not show up on word like I wanted it to. If the person looking at this would like a copy of the excel spreadsheet I would be happy to send it to them.

Net Income Before Income Tax

$ 227,296

$ 180,481

$ 187,917

$ 195,286

$ 186,568

$ 186,151

$ 199,804

$ 188,093

$ 190,232

$ 196,158

$ 236,545

$ 238,176

$ 2,412,707

Income Tax

$ 14,287

$ 11,361

$ 11,826

$ 12,286

$ 11,742

$ 11,715

$ 12,569

$ 11,837

$ 11,971

$ 12,341

$ 14,865

$ 14,967

$ 151,767

Net Profit/Loss

$ 213,009

$ 169,120

$ 176,091

$ 183,000

$ 174,827

$ 174,435

$ 187,235

$ 176,256

$ 178,262

$ 183,817

$ 221,679

$ 223,209

$ 2,260,940

Income Tax Calculations

Monthly Taxable Income

$ 228,593

$ 181,778

$ 189,214

$ 196,583

$ 187,865

$ 187,448

$ 201,101

$ 189,390

$ 191,529

$ 197,455

$ 237,842

$ 239,473

Cumulative Taxable Income

$ 228,593

$ 410,371

$ 599,585

$ 796,168

$ 984,033

$ 1,171,481

$ 1,372,582

$ 1,561,972

$ 1,753,502

$ 1,950,957

$ 2,188,798

$ 2,428,271

Income Statement Year I October November TDecem5er Febrian and 00 250 ESO 250 250 250 Net Income Before Income T 7a IncomestatementYear1 Income Statement Year I October November TDecem5er Febrian and 00 250 ESO 250 250 250 Net Income Before Income T 7a IncomestatementYear1

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