Table 2 Income Statement for the Nine Month Period Ended September 30, Year 1

Consulting revenue	$30,425.88
Cost of services	9,824.04
Gross margin		$20,601.84
Operating expenses
Accounting	$ 850.00
Marketing	850.73
Memberships	250.00
Interest and bank charges	804.44
Office supplies	1,665.95
Phone	2,266.26
Business meetings	588.48
Wages	16,350.00
Total operating expenses		23,625.86
Net operating income (loss)		($ 3,024.02)

able 5 Estimated Income from Workbook Years 2 and 3

	Year 2		Year 3
Sales (Workbook)	$21,174.65		$325,466.65
COGS (Workbook)	4,326.84		69,114.24
Gross margin		$16,847.81		$256,352.41
Marketing expenses
Ad design	1,000.00		1,000.00
Ad placement (Canada)	7,500.00		15,000.00
Ad placement (U.S.)	0.00		40,000.00
Direct mail design	2,000.00		2,000.00
Mailing list	450.00		0.00
Printing of mailer	723.00		1,890.00
Postage of mailer	1,265.25		4,147.50
Total marketing expenses		12,938.25		64,037.50
Operating income		$ 3,909.56		$192,314.91

Review the Income Statements in Table 2 and Table 5 and advise Brent on which option would be the most profitable for him .