Please help me determine what is incorrect on my computation. Thank You!

Note 1 SALES (YEAR 1) QUANTITY (Units) PRODUCT JAN Total FEB PRICE MAR APR PROJECTED MAY JUN JUL AUG SEP Printed Shirt OCT NOV DEC 240 Number 240 241 241 REVENUE 241 241 241 241 241 241 241 241 2890 250 722,500.00 0 Total for CY 2022 0 722,500.00 SALES (YEAR 2) QUANTITY (Units) PRODUCT JAN FEB Total MAR PRICE APR PROJECTED MAY JUN JUL AUG SEP Printed Shirt OCT NOV DEC 265 Number 265 265 265 REVENUE 265 265 265 265 265 265 265 265 3180 250 795,000.00 0 0 Total for CY 2023 0 795.000.00 SALES (YEAR 3) QUANTITY (Units) PRODUCT Total JAN PRICE FEB MAR PROJECTED APR MAY JUN JUL AUG SEP OCT Printed Shirt NOV DEC Number 292 292 292 REVENUE 292 292 292 292 292 292 292 292 292 3504 250 876.000.00 0 Total for CY 2024 $76,000.00Note 2 COST OF GOODS SOLD 2022 2023 2024 Item Units Cost Total Units Cost Total Units Cost Total Printed Shirts 2,890 120 346800 3.180 120 381600 3,504 120 420480 Total 346.800 381,600 420,480 Note 3 ENDING INVENTORY 2022 2023 2024 Beginning Inventory 0 13.200 3.600 Net Purchases 360.000 360000 372000 385.200 420000 423.600 Cost of Goods Sold 346.800 381.600 420.480 TOTAL 13.200 3.600 3,120 Note 4 SUPPLIES 2022 2023 2024 Item Units Cost Total Units Cost Total Units Cost Total Sando Bags 10 100 1000 10 100 1000 10 100 1000 Pentel Pen 12 30 360 12 30 360 12 30 360 Ballpen 20 8 160 20 8 160 20 8 160 Bond Paper 2 500 1000 2 500 1000 2 500 1000 Sales Receipt 2 250 500 2 250 500 2 250 500 Record Book 150 300 150 300 2 150 300 Total 3.320 3.320 3.320Note 5 SALARIES AND WAGES Monthly Number of Number o Number of Position Employee 2022 salary Employee 2023 salary Employee 2024 salary Delivery Men 4.500 2 108,000 2 108,000 2 108,000 Manager 4.500 54.000 54.000 54,000 Helper 4.500 54.000 54.000 54.000 Total 216,000.00 216,000.00 216,000.00Note 6 DEPRECIATION No. of Unit Total 2022 2023 2024 Item Units Price Cost life Depreciation Depreciation Depreciation Equipment and Machineries HP Laptop 31,490 31490 5 6298 6298 6298 Delivery Motorcycle 65,000 65000 7 9286 9.286 9.286 Electric Fan 1,000 1000 10 100 100 100 Total 97,490 15,684 15,684 15,684 Furniture and Fixture Hangers 200 9 1800 10 180 180 180 Cabinet 2 1.000 2000 10 200 200 200 Total 3,800 380 380 380 Grand Total 101.290 16.064 16.064 16.064Note 7 Marketing 2022 2023 2024 Flyers 2500 2500 2500 TOTAL 2500 2500 2500 Note 8 Utilities Expense (Store) 2022 2023 2024 Electricity 24000 24000 24000 Water 12000 12000 12000 Phone bills 6000 6000 6000 Gas 6000 6000 6000 TOTAL 48000 48000 48000 Note 9 Permits and Licenses 2022 2023 2024 DTI permit 500 500 500 Barangay clearance 200 200 200 Police clearance 200 200 200 Barangay business permit 500 500 500 BIR permit 500 500 500 Mayor's permit 1000 1000 1000 TOTAL 2900 2900 2900 Note 10 Taxes for the year is 20% of net income before taxesPAPAYA CRISP STATEMENT OF CHANGES IN PARTNERS' EQUITY FOR THE YEAR ENDING DECEMBER 31, 2018, 2019, 2020 Name of Partner Cabanilla Catembung Carag Sarenas Total Capital, January 1, 2022 P 15,000.00 P 15,000.00 P 15,000.00 P 15,000.00 P 60,000.00 Additional Investment Partners' Share in the Net Income (Loss) 17.383.26 17.383.26 17.383.26 17.383.26 P 69.533.03 Total Capital P 32,383.26 P 32,383.26 P 32,383.26 P 32,383.26 P 129,533.03 Withdrawal Capital, December 31, 2022 P 32,383.26 P 32,383.26 P 32,383.26 P 32,383.26 P 129,533.03 Additional Investment Partners' Share in the Net Income (Loss) 24.923.26 24,923.26 24,923.26 24.923.26 P 99.693.03 Total P 57,306.51 P 57,306.51 P 57,306.51 P 57,306.51 P 229,226.06 Withdrawal Capital, December 31, 2023 P 57,306.51 P 57,306.51 P 57,306.51 P 57.306.51 P 229.226.06 Additional Investment Partners' Share in the Net Income (Loss) 33.347.26 33.347.26 33.347.26 33.347.26 B 133.389.03 Total Capital P 90,653.77 P 90,653.77 P 90,653.77 P 90,653.77 P 362,615.09 Withdrawal Capital, December 31, 2024 P 90,653.77 P 90,653.77 P 90,653.77 P 90.653.77 P 362.615.09DARK LIGHT CLOTHING STATEMENT OF CASH FLOWS FOR THE YEARS ENDED DECEMBER 31,2018 ,2019, 2020 2022 2023 2024 Cash Inflows Investment From Partners 60,000.00 Revenue 722,500.00 795,000.00 876,000.00 Disposition of supplies 480.00 Total Cash Inflows 782,500.00 795,000.00 876,480.00 Cash Outflows Cost of Good Sold 346,800.00 381,600.00 420,480.00 Operating Cost 272,720.00 272,720.00 272,720.00 Purchases of equipment 97,490.00 Purchases of furniture and fixture 3,800.00 Office Supplies 3,320.00 Income taxes paid 17,383.26 24,923.26 33,347.26 Partner's Withdrawal Total Cash Outflows 741,513.26 679,243.26 726,547.26 Net Cash Inflows(Outflows) 40,986.74 115,756.74 149,932.74 Cash, Beginning 40,986.74 156,743.49 Cash, Ending 40,986.74 156,743.49 306,676.23DARK LIGHT CLOTHING INCOME STATEMENT FOR THE YEARS ENDED DECEMBER 31 Note 2022 2023 2024 Income Sales 1 T22,000.00 T00,0 00.00 8T0,0 00.00 Cost of good said 2 340,800.00 381,000.00 420,480.00 Gross Prot 3T0,T00.00 413,400.00 400,020.00 Expenses Supplies 4 3,320.00 3,320.00 3,320.00 Salaries 0 210,000.00 210,0 00.00 210,000.00 Depreciation 0 15,064 10,004 10,004 Marketing Expense T 2,000.00 2,000.00 2,000.00 Utilities Expense 8 48,000.00 48,000.00 48,000.00 Permits and Licenses 0 2 000.00 288 T83.T1 2 000.00 288 T83.T1 2 000.00 288 T83.T1 Earnings betore tax 80,010.20 124,010.20 100,130.20 Tax Expenses 10 1T 383.20 24 023.20 33 34?.20 Net Income 00,533.03 00,003.03 133 380.03 i Liabilities and Partners' Equity Total Liabilities Partner's Capital Cabanilla 32,383 57,307 90,654 Catembung 32,383 57,307 90,654 Carag 32,383 57,307 90,654 Sarenas 32,383 129, 533 57,307 229, 226.06 90,654 362, 615. 09 Total Liabilities and Owners Equity 129,533 229, 226.06 362 , 615. 09 0 (0) 3.600DARK LIGHT CLOTHING STATEMENT OF FINANCIAL POSITION AS OF DECEMBER 31, 2018, 2919, 2920 2922 2923 2924 Assets Cu rrent Asset Cash 2?,?E?. 153,143 395,5?5 Receivables Inventory note 3 13,200 3,500 Ofce Supplies note 4 3,329 3,329 3,329 Total Current Assets 44,30? 169,963 313,115 Noncurrent Assets Furniture and Fixture 3,3111] 3,901] 3,909 Less: Accumulated Depreciation 330' 3,429 3,949 L 2,569 Equipment 9?,490 9?,499 9?,499 Less: Accumulated Depreciation 15,634 I 81 805 31 36? 613 123 4? D51 5|] 439 Total Non-current Assets 35,225.29 69 163 53,999 Total Assets 129,533 229 25 365 15