Revenue : Collars $ 12,880.00 Leashes $ 10,800.00 Harnesses $ 14,000.00 Total revenue : $ 37,680.00 Cost of good sold $ (28,258.33) Gross profit $ 9,421.67 Expenses: General and administrative salaries $ (2,450.00) Depreciation $ (165.00) Rent $ (750.00) Utilities and Insurance $ (600.00) Scissors, thread and cording $ (1,200.00) Loan $ (550.00) Total expenses $ (5,715.00) Net Income/ Loss $ 3,706.67