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Polution Solution Income Statement Year 1 Year 2 Year 3 Units Sold Subscriptions 9 10 11 Underwear 2000 2200 2420 Socks 5000 5500 6050 Pants

Polution Solution
Income Statement
Year 1 Year 2 Year 3
Units Sold
Subscriptions 9 10 11
Underwear 2000 2200 2420
Socks 5000 5500 6050
Pants 5000 5500 6050
T-shirt 7000 7700 8470
Revenue
Subscriptions $ 2,700,000.00 $ 3,000,000.00 $ 3,300,000.00
Underwear $ 10,000.00 $ 11,000.00 $ 12,100.00
Socks $ 25,000.00 $ 11,000.00 $ 12,100.00
Pants $ 50,000.00 $ 55,000.00 $ 60,500.00
T-shirt $ 49,000.00 $ 38,500.00 $ 42,350.00
Total $ 2,834,000.00 $ 3,115,500.00 $ 3,427,050.00
Cost of Sales
Materials $ 57,000.00 $ 62,700.00 $ 68,970.00
Gross Profit $ 2,777,000.00 $ 3,052,800.00 $ 3,358,080.00
Operting Expenses
Officer's Salary $ 300,000.00 $ 315,000.00 $ 325,000.00
Employee Salaries $ 400,000.00 $ 425,000.00 $ 475,000.00
Payroll Expenses & Benefits $ 30,000.00 $ 35,000.00 $ 40,000.00
Factory Expenses $ 60,000.00 $ 60,000.00 $ 60,000.00
Insurance's $ 30,000.00 $ 31,000.00 $ 32,000.00
Licenses $ 50,000.00 $ 75,000.00 $ 100,000.00
Advertising $ 5,000.00 $ 7,000.00 $ 9,000.00
Travel $ 4,000.00 $ 2,000.00 $ 1,000.00
Office Expenses $ 10,000.00 $ 13,000.00 $ 15,000.00
Equipment $ 75,000.00 $ 85,000.00 $ 100,000.00
Legal & Accounting $ 20,000.00 $ 30,000.00 $ 40,000.00
Depreciation(Equipment) $ 1,000.00 $ 2,000.00 $ 3,000.00
Total Operating Exp. $ 985,000.00 $ 1,080,000.00 $ 1,200,000.00
Operating Profit $ 1,792,000.00 $ 1,972,800.00 $ 2,158,080.00
Taxes $ 421,120.00 $ 463,608.00 $ 507,148.80
After Tax Profits $ 1,370,880.00 $ 1,509,192.00 $ 1,650,931.20

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