Year X - 1 Year X E Year X + 1 E venue $ 1,440,000 100.0% $ 1,872,000 100.0% $ 2,433,600 100.0% st of Goods Sold 921.600 64.0% 1,179,360 63.0% 1,545,336 63.5% ross Profit 518,400 36.0% 692,640 37.0% 888,264 36.5% lling 158,400 11.0% 196,560 10.5% 243,360 10.0% eneral and Administrative 108,000 7.5% 131,040 7.0% 170,352 7.0% search and Development 40,000 2.8% 45,000 2.4% 45,000 1.8% preciation and Amortization 30.000 2.1% 40,000 2.1% 30.000 1.2% tal Operating Expenses 336,400 23.4% 412,600 22.0% 488,712 20.1% perating Income 182,000 12.6% 280,040 15.0% 399,552 16.4% terest costs 5,000 0.3% 35,000 1.9% 5,000 0.2% terest income 4,000 0.3% 4,000 0.2% 4,000 0.2% e-Tax Income 181,000 12.6% 249,040 13.3% 398,552 16.4% x (35%) 63,350 4.4% 87,164 4.7% 139,493 5.7% et Income $ 117,650 8.2% $ 161,876 8.6% $ 259,059 10.6% urnings Per Share -Basic $ 0.04 $ 0.05 $ 0.08 urnings Per Share -Diluted ares Outstanding - Basic 3,150,000 3,150,000 3,150,000 ares Outstanding - For Diluted 3,150,000 3,150,000 3,150,000