Tell us about whether Big Al has loaned money and why that happened. ?
how we can write the income statement ?
Anal Report 19/2020 Annual Report Assets Income Statement 2020 2021 $13,108 $4,632 $5,598 $3,353 $2,352 $11,303 $17,740 Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Plant and Equipment Accumulated Depreciation Total Fixed Assets Total Assets $14,400 ($4,800) $9,600 $20,903 $18,000 ($6,000) $12,000 $29,740 Liabilities and Owner's Equity Daze Total Industry Avg Percentage Sales $56,351 $56,351 $46,732 100% Variable Costs Direct Material $19,469 $19,469 $19,506 34.5% Direct Labor $14,527 $14,527 $13,732 25.8% Defects $0 $0 $0 0% Inventory Carry $0 $0 $328 0% Total Variable Costs (Labor, Material, $33,996 $33,996 $33,566 60.3% Carry) Contribution Margin $22,355 $22,355 $13,166 39.7% Period Costs Depreciation $1,200 $1,200 $1,188 2.1% SG&A R&D $473 $473 $550 0.8% Promotions $1,000 $1,000 $1,058 1.8% Sales $1,000 $1,000 $992 1.8% Administration $870 $870 $741 1.5% Total Period Costs $4,543 $4,543 $4,530 8.1% Net Margin $17,812 $17,812 $8,636 31.6% Other Expenses $112 $58 0.2% EBIT $17,700 $8,578 31.4% Short Term Interest $0 $154 Long Term Interest $420 $603 0.7% Profit Sharing $225 $103 0.4% Net Profit $11,007 $4,980 2020 2021 $2,601 $0 $2,854 $0 $5,200 $8,054 $3,282 $5,883 Liabilities Accounts Payable Current Debt Long-Term Debt Total Liabilities Owner"s Equity Common Stock Retained Earnings Total Owner's Equity Total Liabilities & Owner's Equity 0% $2,323 $10,526 $12,850 $20,903 $2,323 $21,534 $23,857 $29,740 19.5% 219/2020 Anal Report 19/2020 Annual Report Assets 2021 2022 $13,108 $4,632 $15,197 $5,368 $0 $17,740 $20,565 Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Plant and Equipment Accumulated Depreciation Total Fixed Assets Total Assets $18,000 ($6,000) $12,000 $29,740 $33,060 ($8,204) $24,856 $45,421 Income Statement Daze Total Industry Avg Percentage Sales $65,307 $65,307 $52,536 100% Variable Costs Direct Material $18,064 $18,064 $18,628 27.7% Direct Labor $16,498 $16,498 $14,414 25.3% Defects $0 $0 $0 0% Inventory Carry $0 $0 $0 0% Total Variable Costs (Labor, Material, $34,562 $34,562 $33,043 52.9% Carry) Contribution Margin $30,745 $30,745 $19,493 47.1% Period Costs Depreciation $2,204 $2,204 $1,531 3.4% SG&A R&D $679 $679 $414 Promotions $1,300 $1,300 $1,217 Sales $850 $850 $1,142 1.3% Administration $1,052 $1,052 $950 1.6% Total Period Costs $6,085 $6,085 $5,254 9.3% Net Margin $24,660 $24,660 $14,239 37.8% Other Expenses $0 $199 0% EBIT $24,660 $14,040 37.8% Short Term Interest $0 $56 0% Long Term Interest $420 $574 0.6% Profit Sharing $315 $174 0.5% Net Profit $15,441 $8,542 23.6% Liabilities and Owner's Equity 2021 2022 $2,601 $2,841 $0 $3,282 $6,122 $3,282 $5,883 Liabilities Accounts Payable Current Debt Long-Term Debt Total Liabilities Owner"s Equity Common Stock Retained Earnings Total Owner's Equity Total Liabilities & Owner's Equity $2,323 $21,534 $23,857 $29,740 $2,323 $36,975 $39,298 $45,421 219/2020 Anal Report 19/2020 Annual Report Assets 2022 2023 $15,197 $5,368 $29,588 $5,575 $4,603 $39,767 $0 $20,565 Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Plant and Equipment Accumulated Depreciation Total Fixed Assets Total Assets $33,060 ($8,204) $24,856 $45,421 $35,340 ($10,560) $24,780 $64,547 Income Statement Daze Total Industry Avg Percentage Sales $67,834 $67,834 $57,191 100% Variable Costs Direct Material $15,572 $15,572 $17,785 23% Direct Labor $11,870 $11,870 $14,729 17.5% Defects $0 $0 $0 0% Inventory Carry $552 $552 $92 0.8% Total Variable Costs (Labor, Material, $27.994 $27.994 $32,605 41.3% Carry) Contribution Margin $39,840 $39,840 $24,586 58.7% Period Costs Depreciation $2,356 $2,356 $1,592 3.5% SG&A R&D $961 $961 $326 1.4% Promotions $1,300 $1,300 $1,300 1.9% Sales $850 $850 $1,217 1.3% Administration $1,199 $1,199 $937 1.8% Total Period Costs $6,666 $6,666 $5,371 9.8% Net Margin $33,175 $33,175 $19,215 48.9% Other Expenses $197 $74 0.3% EBIT $32,978 $19,140 48.6% Short Term Interest $0 $12 0% Long Term Interest $228 $557 0.3% Profit Sharing $426 $241 0.6% Net Profit $20,862 $11,830 30.8% Liabilities and Owner's Equity 2022 2023 $2,841 $3,282 $6,122 $2,634 $0 $1,753 $4,387 Liabilities Accounts Payable Current Debt Long-Term Debt Total Liabilities Owner"s Equity Common Stock Retained Earnings Total Owner's Equity Total Liabilities & Owner's Equity $2,323 $36,975 $39,298 $45,421 $2,323 $57,837 $60,160 $64,547 2A/300 Amsal Report Annual Report Assets Income Statement 2023 2024 $29,588 $5,575 $4,603 $39,767 $0 $2,827 $20,876 $23,703 Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Plant and Equipment Accumulated Depreciation Total Fixed Assets Total Assets $35,340 ($10,560) $24,780 $64,547 $66,000 ($14,960) $51,040 $74,743 Liabilities and Owner's Equity Daze Total Industry Avg Percentage Sales $34,394 $34,394 $57,404 100% Variable Costs Direct Material $7,368 $7,368 $16,040 21.4% Direct Labor $6,025 $6,025 $15,456 17.5% Defects $0 $0 $0 0% Inventory Carry $2,505 $2,505 9418 7.3% Total Variable Costs (Labor, Material, $15,898 $15,898 $31,913 46.2% Carry) Contribution Margin $18,496 $18,496 $25,491 53.8% Period Costs Depreciation $4,400 $4,400 $1,954 12.8% SG&A R&D $483 $483 $560 1.4% Promotions $2,000 $2,000 $1,467 5.8% Sales $2,500 $2,500 $1,592 7.3% Administration $586 $586 $919 1.7% Total Period Costs $9,970 $9,970 $6,492 29% Net Margin $8,526 $8,526 $18,999 24.8% Other Expenses $0 $89 EBIT $8,526 $18,909 24.8% Short Term Interest $740 $207 2.2% Long Term Interest $228 $399 0.7% Profit Sharing $98 $238 0.3% Net Profit $4,815 $11,659 14% 2023 2024 $2,634 $2,438 $5,577 $1,753 $9,769 $1,753 $4,387 Liabilities Accounts Payable Current Debt Long-Term Debt Total Liabilities Owner"s Equity Common Stock Retained Earnings Total Owner's Equity Total Liabilities & Owner's Equity 0% $2,323 $57,837 $60,160 $64,547 $2,323 $62,651 $64,974 $74,743 290000 Anal Report Annual Report Assets Income Statement 2024 2025 Daze Total Industry Percentage $64,331 $10,703 Avg $79,728 100% $0 $2,827 $20,876 $23,703 $75,034 Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Plant and Equipment Accumulated Depreciation Total Fixed Assets Total Assets 19.4% 15.2% $19,267 $19,786 $0 $0 $0 0% $66,000 ($14,960) $51,040 $74,743 $66,000 ($19,360) $46,640 $121,674 $39,053 34.6% 65.4% $40,674 $2,116 3.4% Liabilities and Owner's Equity 2024 2025 Sales $130,226 $130,226 Variable Costs Direct Material $25,266 $25,266 Direct Labor $19,733 $19,733 Defects $0 Inventory Carry $0 $0 Total Variable Costs (Labor, Material, $44,999 $44,999 Carry) Contribution Margin $85,226 $85,226 Period Costs Depreciation $4,400 $4,400 SG&A R&D $830 $830 Promotions $1,500 $1,500 Sales $1,000 $1,000 Administration $2,307 $2,307 Total Period Costs $10,037 $10,037 Net Margin $75,190 $75,190 Other Expenses $285 EBIT $74,905 Short Term Interest $0 Long Term Interest $707 Profit Sharing $965 Net Profit $47,264 $1,983 $0 $2,438 $5,577 $1,753 $9,769 $7,453 $9,436 Liabilities Accounts Payable Current Debt Long-Term Debt Total Liabilities Owner"s Equity Common Stock Retained Earnings Total Owner's Equity Total Liabilities & Owner's Equity $379 $1,425 $1,258 $1,309 $6,488 $34,186 $148 $34,039 $0 $449 $437 $21,397 0.6% 1.2% 0.8% 1.8% 7.7% 57.7% 0.2% 57.5% 0% 0.5% 0.7% 36.3% $2,323 $62,651 $64,974 $74,743 $2,323 $109,915 $112,238 $121,674 Anal Report 19/2020 Annual Report Assets Income Statement 2020 2021 $13,108 $4,632 $5,598 $3,353 $2,352 $11,303 $17,740 Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Plant and Equipment Accumulated Depreciation Total Fixed Assets Total Assets $14,400 ($4,800) $9,600 $20,903 $18,000 ($6,000) $12,000 $29,740 Liabilities and Owner's Equity Daze Total Industry Avg Percentage Sales $56,351 $56,351 $46,732 100% Variable Costs Direct Material $19,469 $19,469 $19,506 34.5% Direct Labor $14,527 $14,527 $13,732 25.8% Defects $0 $0 $0 0% Inventory Carry $0 $0 $328 0% Total Variable Costs (Labor, Material, $33,996 $33,996 $33,566 60.3% Carry) Contribution Margin $22,355 $22,355 $13,166 39.7% Period Costs Depreciation $1,200 $1,200 $1,188 2.1% SG&A R&D $473 $473 $550 0.8% Promotions $1,000 $1,000 $1,058 1.8% Sales $1,000 $1,000 $992 1.8% Administration $870 $870 $741 1.5% Total Period Costs $4,543 $4,543 $4,530 8.1% Net Margin $17,812 $17,812 $8,636 31.6% Other Expenses $112 $58 0.2% EBIT $17,700 $8,578 31.4% Short Term Interest $0 $154 Long Term Interest $420 $603 0.7% Profit Sharing $225 $103 0.4% Net Profit $11,007 $4,980 2020 2021 $2,601 $0 $2,854 $0 $5,200 $8,054 $3,282 $5,883 Liabilities Accounts Payable Current Debt Long-Term Debt Total Liabilities Owner"s Equity Common Stock Retained Earnings Total Owner's Equity Total Liabilities & Owner's Equity 0% $2,323 $10,526 $12,850 $20,903 $2,323 $21,534 $23,857 $29,740 19.5% 219/2020 Anal Report 19/2020 Annual Report Assets 2021 2022 $13,108 $4,632 $15,197 $5,368 $0 $17,740 $20,565 Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Plant and Equipment Accumulated Depreciation Total Fixed Assets Total Assets $18,000 ($6,000) $12,000 $29,740 $33,060 ($8,204) $24,856 $45,421 Income Statement Daze Total Industry Avg Percentage Sales $65,307 $65,307 $52,536 100% Variable Costs Direct Material $18,064 $18,064 $18,628 27.7% Direct Labor $16,498 $16,498 $14,414 25.3% Defects $0 $0 $0 0% Inventory Carry $0 $0 $0 0% Total Variable Costs (Labor, Material, $34,562 $34,562 $33,043 52.9% Carry) Contribution Margin $30,745 $30,745 $19,493 47.1% Period Costs Depreciation $2,204 $2,204 $1,531 3.4% SG&A R&D $679 $679 $414 Promotions $1,300 $1,300 $1,217 Sales $850 $850 $1,142 1.3% Administration $1,052 $1,052 $950 1.6% Total Period Costs $6,085 $6,085 $5,254 9.3% Net Margin $24,660 $24,660 $14,239 37.8% Other Expenses $0 $199 0% EBIT $24,660 $14,040 37.8% Short Term Interest $0 $56 0% Long Term Interest $420 $574 0.6% Profit Sharing $315 $174 0.5% Net Profit $15,441 $8,542 23.6% Liabilities and Owner's Equity 2021 2022 $2,601 $2,841 $0 $3,282 $6,122 $3,282 $5,883 Liabilities Accounts Payable Current Debt Long-Term Debt Total Liabilities Owner"s Equity Common Stock Retained Earnings Total Owner's Equity Total Liabilities & Owner's Equity $2,323 $21,534 $23,857 $29,740 $2,323 $36,975 $39,298 $45,421 219/2020 Anal Report 19/2020 Annual Report Assets 2022 2023 $15,197 $5,368 $29,588 $5,575 $4,603 $39,767 $0 $20,565 Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Plant and Equipment Accumulated Depreciation Total Fixed Assets Total Assets $33,060 ($8,204) $24,856 $45,421 $35,340 ($10,560) $24,780 $64,547 Income Statement Daze Total Industry Avg Percentage Sales $67,834 $67,834 $57,191 100% Variable Costs Direct Material $15,572 $15,572 $17,785 23% Direct Labor $11,870 $11,870 $14,729 17.5% Defects $0 $0 $0 0% Inventory Carry $552 $552 $92 0.8% Total Variable Costs (Labor, Material, $27.994 $27.994 $32,605 41.3% Carry) Contribution Margin $39,840 $39,840 $24,586 58.7% Period Costs Depreciation $2,356 $2,356 $1,592 3.5% SG&A R&D $961 $961 $326 1.4% Promotions $1,300 $1,300 $1,300 1.9% Sales $850 $850 $1,217 1.3% Administration $1,199 $1,199 $937 1.8% Total Period Costs $6,666 $6,666 $5,371 9.8% Net Margin $33,175 $33,175 $19,215 48.9% Other Expenses $197 $74 0.3% EBIT $32,978 $19,140 48.6% Short Term Interest $0 $12 0% Long Term Interest $228 $557 0.3% Profit Sharing $426 $241 0.6% Net Profit $20,862 $11,830 30.8% Liabilities and Owner's Equity 2022 2023 $2,841 $3,282 $6,122 $2,634 $0 $1,753 $4,387 Liabilities Accounts Payable Current Debt Long-Term Debt Total Liabilities Owner"s Equity Common Stock Retained Earnings Total Owner's Equity Total Liabilities & Owner's Equity $2,323 $36,975 $39,298 $45,421 $2,323 $57,837 $60,160 $64,547 2A/300 Amsal Report Annual Report Assets Income Statement 2023 2024 $29,588 $5,575 $4,603 $39,767 $0 $2,827 $20,876 $23,703 Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Plant and Equipment Accumulated Depreciation Total Fixed Assets Total Assets $35,340 ($10,560) $24,780 $64,547 $66,000 ($14,960) $51,040 $74,743 Liabilities and Owner's Equity Daze Total Industry Avg Percentage Sales $34,394 $34,394 $57,404 100% Variable Costs Direct Material $7,368 $7,368 $16,040 21.4% Direct Labor $6,025 $6,025 $15,456 17.5% Defects $0 $0 $0 0% Inventory Carry $2,505 $2,505 9418 7.3% Total Variable Costs (Labor, Material, $15,898 $15,898 $31,913 46.2% Carry) Contribution Margin $18,496 $18,496 $25,491 53.8% Period Costs Depreciation $4,400 $4,400 $1,954 12.8% SG&A R&D $483 $483 $560 1.4% Promotions $2,000 $2,000 $1,467 5.8% Sales $2,500 $2,500 $1,592 7.3% Administration $586 $586 $919 1.7% Total Period Costs $9,970 $9,970 $6,492 29% Net Margin $8,526 $8,526 $18,999 24.8% Other Expenses $0 $89 EBIT $8,526 $18,909 24.8% Short Term Interest $740 $207 2.2% Long Term Interest $228 $399 0.7% Profit Sharing $98 $238 0.3% Net Profit $4,815 $11,659 14% 2023 2024 $2,634 $2,438 $5,577 $1,753 $9,769 $1,753 $4,387 Liabilities Accounts Payable Current Debt Long-Term Debt Total Liabilities Owner"s Equity Common Stock Retained Earnings Total Owner's Equity Total Liabilities & Owner's Equity 0% $2,323 $57,837 $60,160 $64,547 $2,323 $62,651 $64,974 $74,743 290000 Anal Report Annual Report Assets Income Statement 2024 2025 Daze Total Industry Percentage $64,331 $10,703 Avg $79,728 100% $0 $2,827 $20,876 $23,703 $75,034 Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Plant and Equipment Accumulated Depreciation Total Fixed Assets Total Assets 19.4% 15.2% $19,267 $19,786 $0 $0 $0 0% $66,000 ($14,960) $51,040 $74,743 $66,000 ($19,360) $46,640 $121,674 $39,053 34.6% 65.4% $40,674 $2,116 3.4% Liabilities and Owner's Equity 2024 2025 Sales $130,226 $130,226 Variable Costs Direct Material $25,266 $25,266 Direct Labor $19,733 $19,733 Defects $0 Inventory Carry $0 $0 Total Variable Costs (Labor, Material, $44,999 $44,999 Carry) Contribution Margin $85,226 $85,226 Period Costs Depreciation $4,400 $4,400 SG&A R&D $830 $830 Promotions $1,500 $1,500 Sales $1,000 $1,000 Administration $2,307 $2,307 Total Period Costs $10,037 $10,037 Net Margin $75,190 $75,190 Other Expenses $285 EBIT $74,905 Short Term Interest $0 Long Term Interest $707 Profit Sharing $965 Net Profit $47,264 $1,983 $0 $2,438 $5,577 $1,753 $9,769 $7,453 $9,436 Liabilities Accounts Payable Current Debt Long-Term Debt Total Liabilities Owner"s Equity Common Stock Retained Earnings Total Owner's Equity Total Liabilities & Owner's Equity $379 $1,425 $1,258 $1,309 $6,488 $34,186 $148 $34,039 $0 $449 $437 $21,397 0.6% 1.2% 0.8% 1.8% 7.7% 57.7% 0.2% 57.5% 0% 0.5% 0.7% 36.3% $2,323 $62,651 $64,974 $74,743 $2,323 $109,915 $112,238 $121,674
