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Remember I require that you provide an itemization of start-up costs AND a month-to-month income statement for the first year of owning an online

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Remember I require that you provide an itemization of start-up costs AND a month-to-month income statement for the first year of owning an online store. This income statement should include: Revenue and operating expenses. You dont need to include taxes, just stop at Operating Income line of the Income Statement, Expected Revenue

$2,000 start up costs broken down:

  • $480 for website Shopify subscription for the first six months of operation
    • $60 for legal documents and licensing

    • $200 for packaging and shipping costs

    • $1,260 for purchasing products at wholesale

I will be solely operating the business and there won't be any payroll expenses. These are the only expenses expected. If all of the products that I purchased at $1,260 sell, what will my profits be? Can you create the month to month income statement and answer the bolded question.

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