XYZ Corporation MILESTONE 3 - Income Statement INSTRUCTIONS: Complete the Statement in proper form Revenue will be provided in an Announcement at the end of Module 4 (based on actual number of services for your pricing levels) Additional Information necessary to complete the Income Statement: General & Administrative Salaries paid = $1,200 Advertising = $100 Cleaning Products = $120 Depreciation = $83 Rent = $650 Loan = S420 Utilities & Insurance = $600 XYZ Corporation Income Statement For the Month Ended January 31, XXXX 0 Revenue: Grooming Day Care Boarding 0 0 Tota Revenue Cost of Services * Gross Profit 0 0 0 Expenses: G&A Salaries Advertising Cleaning Products Depreciation Rent Loan Utilities and Insurance 0 0 0 0 0 0 Total Expenses Net Income / Loss * Cost of Goods Sold-Cost of Services There is no finished goods inventory to maintain. XYZ Corporation MILESTONE 3 - Income Statement INSTRUCTIONS: Complete the Statement in proper form Revenue will be provided in an Announcement at the end of Module 4 (based on actual number of services for your pricing levels) Additional Information necessary to complete the Income Statement: General & Administrative Salaries paid = $1,200 Advertising = $100 Cleaning Products = $120 Depreciation = $83 Rent = $650 Loan = S420 Utilities & Insurance = $600 XYZ Corporation Income Statement For the Month Ended January 31, XXXX 0 Revenue: Grooming Day Care Boarding 0 0 Tota Revenue Cost of Services * Gross Profit 0 0 0 Expenses: G&A Salaries Advertising Cleaning Products Depreciation Rent Loan Utilities and Insurance 0 0 0 0 0 0 Total Expenses Net Income / Loss * Cost of Goods Sold-Cost of Services There is no finished goods inventory to maintain