S. DEAN INCOME STATEMENT

FOR THE YEAR ENDED DEC 31st, 2021

SALES $8,522,000.11] COST OF GOODS SOLD BEG "w $1,350,000.00 PURCHASES $3,200,000.00 00005 AVAILABLE FOR 5ALE $4,050,000.00 ENDING "w $500,000.00 COST OF 0 0005 50m $3,350,000.00 $3,350,000.00 (00355 MARGIN $4,532,000.00 OPERATING EXPENSES DEPRECIATION EXPENSE $248,999.00 SELLING EXPENSES $150,000.00 ADMIN EXPENSES $250,0EX].00 $048,999.11] NEI' INCOME $3,923,001.00 OTHER INFORMATION AR DECREASED $122,000.00 PP EXPENSE INCREASED $45,323.00 AP INCREASED $25,000.00 WAGES PAYABLE DECREASED $45,222.00 OFFICE SUPPLIES DECREASED $15,525.00 INCOME TAXES PAYABLE INCREASED $99,230.00 PREPARE THE OPERATIONS ACTIVITY SECTION OF THE STATEMENT OF CASH FLOWS FOR YEAR ENDED 1H3 H21 FOR DEAN COMPANY USING THE INDIRECT MEI'HOD