Projected Income Statement 6/30/18 6/30/19 6/30/20 Revenues $66,359 $68,350 $72,451 Cost of Goods Sold 33,180 34,175 36,225 Gross Profit 33,180 34,175 36,225 Operating Expenses 20,571 21,188 22,460 EBIT 12,608 12,986 13,766 Interest Expense 565 562 559 EBT Tax Non-Recurring Events Net Income 12,043 12,424 13,207 2,770 2,858 3,302 0 $9,273 $9,567 $9,905