By 
Our biggest savings of the year
Bizcomm, Inc
Appendix
| Sales Forecast | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Unit Sales | |||||||||||||
| Slida-Cards® units of 1,000 cards | 0% | 135 | 135 | 135 | 135 | 180 | 185 | 185 | 185 | 190 | 190 | 190 | 190 |
| Large Discounters | 0% | 0 | 0 | 0 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 | 90 |
| Commercial Printing | 0% | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Other | 0% | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Unit Sales | 136 | 136 | 136 | 226 | 271 | 276 | 276 | 276 | 281 | 281 | 281 | 281 | |
| Unit Prices | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
| Slida-Cards® units of 1,000 cards | $199.00 | $199.00 | $199.00 | $199.00 | $199.00 | $199.00 | $199.00 | $199.00 | $199.00 | $199.00 | $199.00 | $199.00 | |
| Large Discounters | $0.00 | $0.00 | $0.00 | $82.50 | $82.50 | $82.50 | $82.50 | $82.50 | $82.50 | $82.50 | $82.50 | $82.50 | |
| Commercial Printing | $27,000.00 | $27,000.00 | $27,000.00 | $27,000.00 | $27,000.00 | $27,000.00 | $27,000.00 | $27,000.00 | $27,000.00 | $27,000.00 | $27,000.00 | $27,000.00 | |
| Other | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| Sales | |||||||||||||
| Slida-Cards® units of 1,000 cards | $26,865 | $26,865 | $26,865 | $26,865 | $35,820 | $36,815 | $36,815 | $36,815 | $37,810 | $37,810 | $37,810 | $37,810 | |
| Large Discounters | $0 | $0 | $0 | $7,425 | $7,425 | $7,425 | $7,425 | $7,425 | $7,425 | $7,425 | $7,425 | $7,425 | |
| Commercial Printing | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | $27,000 | |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Sales | $53,865 | $53,865 | $53,865 | $61,290 | $70,245 | $71,240 | $71,240 | $71,240 | $72,235 | $72,235 | $72,235 | $72,235 | |
| Direct Unit Costs | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
| Slida-Cards® units of 1,000 cards | 0.00% | $19.50 | $19.50 | $19.50 | $19.50 | $19.50 | $19.50 | $19.50 | $19.50 | $19.50 | $19.50 | $19.50 | $19.50 |
| Large Discounters | 0.00% | $0.00 | $0.00 | $0.00 | $21.00 | $21.00 | $21.00 | $21.00 | $21.00 | $21.00 | $21.00 | $21.00 | $21.00 |
| Commercial Printing | 0.00% | $12,825.00 | $12,825.00 | $12,825.00 | $12,825.00 | $12,825.00 | $12,825.00 | $12,825.00 | $12,825.00 | $12,825.00 | $12,825.00 | $12,825.00 | $12,825.00 |
| Other | 0.00% | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Direct Cost of Sales | |||||||||||||
| Slida-Cards® units of 1,000 cards | $2,633 | $2,633 | $2,633 | $2,633 | $3,510 | $3,608 | $3,608 | $3,608 | $3,705 | $3,705 | $3,705 | $3,705 | |
| Large Discounters | $0 | $0 | $0 | $1,890 | $1,890 | $1,890 | $1,890 | $1,890 | $1,890 | $1,890 | $1,890 | $1,890 | |
| Commercial Printing | $12,825 | $12,825 | $12,825 | $12,825 | $12,825 | $12,825 | $12,825 | $12,825 | $12,825 | $12,825 | $12,825 | $12,825 | |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Direct Cost of Sales | $15,458 | $15,458 | $15,458 | $17,348 | $18,225 | $18,323 | $18,323 | $18,323 | $18,420 | $18,420 | $18,420 | $18,420 | |
| Personnel Plan | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Production Personnel | |||||||||||||
| Production Manager -Frank | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | |
| Assistant | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | |
| Sales and Marketing Personnel | |||||||||||||
| Telemarketer – Sadie | $569 | $569 | $569 | $569 | $569 | $569 | $569 | $569 | $569 | $569 | $569 | $569 | |
| Telemarketer- Jennie | $693 | $693 | $693 | $693 | $693 | $693 | $693 | $693 | $693 | $693 | $693 | $693 | |
| Telemarketer- Jack | $1,365 | $1,365 | $1,365 | $1,365 | $1,365 | $1,365 | $1,365 | $1,365 | $1,365 | $1,365 | $1,365 | $1,365 | |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | |
| General and Administrative Personnel | |||||||||||||
| General Manager – Francis Pullman | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | $5,416 | |
| Art Designer – Vie | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | $2,500 | |
| Secretary – Jonathon | $2,253 | $2,253 | $2,253 | $2,253 | $2,253 | $2,253 | $2,253 | $2,253 | $2,253 | $2,253 | $2,253 | $2,253 | |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | |
| Other Personnel | |||||||||||||
| Name or title | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total People | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | 7 | |
| Total Payroll | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | |
| General Assumptions | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Plan Month | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | |
| Current Interest Rate | 45.00% | 45.00% | 45.00% | 45.00% | 45.00% | 45.00% | 45.00% | 45.00% | 45.00% | 45.00% | 45.00% | 45.00% | |
| Long-term Interest Rate | 9.30% | 9.30% | 9.30% | 9.30% | 9.30% | 9.30% | 9.30% | 9.30% | 9.30% | 9.30% | 9.30% | 9.30% | |
| Tax Rate | 30.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | 25.00% | |
| Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pro Forma Profit and Loss | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Sales | $53,865 | $53,865 | $53,865 | $61,290 | $70,245 | $71,240 | $71,240 | $71,240 | $72,235 | $72,235 | $72,235 | $72,235 | |
| Direct Cost of Sales | $15,458 | $15,458 | $15,458 | $17,348 | $18,225 | $18,323 | $18,323 | $18,323 | $18,420 | $18,420 | $18,420 | $18,420 | |
| Production Payroll | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | $4,160 | |
| Industrial rags | $22 | $22 | $22 | $22 | $22 | $22 | $22 | $22 | $22 | $22 | $22 | $22 | |
| Total Cost of Sales | $19,640 | $19,640 | $19,640 | $21,530 | $22,407 | $22,505 | $22,505 | $22,505 | $22,602 | $22,602 | $22,602 | $22,602 | |
| Gross Margin | $34,226 | $34,226 | $34,226 | $39,761 | $47,838 | $48,736 | $48,736 | $48,736 | $49,633 | $49,633 | $49,633 | $49,633 | |
| Gross Margin % | 63.54% | 63.54% | 63.54% | 64.87% | 68.10% | 68.41% | 68.41% | 68.41% | 68.71% | 68.71% | 68.71% | 68.71% | |
| Operating Expenses | |||||||||||||
| Sales and Marketing Expenses | |||||||||||||
| Sales and Marketing Payroll | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | $2,627 | |
| Travel | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Miscellaneous | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Advertising/Promotion | $0 | $5,000 | $5,000 | $0 | $0 | $0 | $5,000 | $5,000 | $5,000 | $0 | $0 | $0 | |
| Telemarketing commissions | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | $1,000 | |
| Internet Services: | $198 | $198 | $198 | $198 | $198 | $198 | $198 | $198 | $198 | $198 | $198 | $198 | |
| Total Sales and Marketing Expenses | $3,825 | $8,825 | $8,825 | $3,825 | $3,825 | $3,825 | $8,825 | $8,825 | $8,825 | $3,825 | $3,825 | $3,825 | |
| Sales and Marketing % | 7.10% | 16.38% | 16.38% | 6.24% | 5.44% | 5.37% | 12.39% | 12.39% | 12.22% | 5.29% | 5.29% | 5.29% | |
| General and Administrative Expenses | |||||||||||||
| General and Administrative Payroll | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | $10,169 | |
| Sales and Marketing and Other Expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Depreciation | $3,466 | $3,466 | $3,466 | $3,466 | $3,466 | $3,466 | $3,466 | $3,466 | $3,466 | $3,466 | $3,466 | $3,466 | |
| Leased Vehicles: | $985 | $985 | $985 | $985 | $985 | $985 | $985 | $985 | $985 | $985 | $985 | $985 | |
| Utilities | $411 | $411 | $411 | $411 | $411 | $411 | $411 | $411 | $411 | $411 | $411 | $411 | |
| Insurance | $497 | $497 | $497 | $497 | $497 | $497 | $497 | $497 | $497 | $497 | $497 | $497 | |
| Medical and Dental: | $2,154 | $2,154 | $2,154 | $2,154 | $2,154 | $2,154 | $2,154 | $2,154 | $2,154 | $2,154 | $2,154 | $2,154 | |
| Telephone | $970 | $970 | $970 | $970 | $970 | $970 | $970 | $970 | $970 | $970 | $970 | $970 | |
| Retirement Acct (P. Vitale): | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | $300 | |
| Payroll Services: | $168 | $168 | $168 | $168 | $168 | $168 | $168 | $168 | $168 | $168 | $168 | $168 | |
| Postage | $950 | $950 | $950 | $950 | $950 | $950 | $950 | $950 | $950 | $950 | $950 | $950 | |
| Rent | $3,943 | $3,943 | $3,943 | $3,943 | $3,943 | $3,943 | $3,943 | $3,943 | $2,500 | $2,500 | $2,500 | $2,500 | |
| Payroll Taxes | 15% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other General and Administrative Expenses | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total General and Administrative Expenses | $24,013 | $24,013 | $24,013 | $24,013 | $24,013 | $24,013 | $24,013 | $24,013 | $22,570 | $22,570 | $22,570 | $22,570 | |
| General and Administrative % | 44.58% | 44.58% | 44.58% | 39.18% | 34.18% | 33.71% | 33.71% | 33.71% | 31.25% | 31.25% | 31.25% | 31.25% | |
| Other Expenses: | |||||||||||||
| Other Payroll | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Consultants | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Contract/Consultants | $5,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Total Other Expenses | $5,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Other % | 9.28% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | |
| Total Operating Expenses | $32,838 | $32,838 | $32,838 | $27,838 | $27,838 | $27,838 | $32,838 | $32,838 | $31,395 | $26,395 | $26,395 | $26,395 | |
| Profit Before Interest and Taxes | $1,388 | $1,388 | $1,388 | $11,923 | $20,001 | $20,898 | $15,898 | $15,898 | $18,239 | $23,239 | $23,239 | $23,239 | |
| EBITDA | $4,854 | $4,854 | $4,854 | $15,389 | $23,467 | $24,364 | $19,364 | $19,364 | $21,705 | $26,705 | $26,705 | $26,705 | |
| Interest Expense | $2,075 | $3,796 | $3,763 | $3,731 | $3,699 | $3,666 | $3,259 | $3,226 | $2,818 | $2,786 | $2,134 | $1,736 | |
| Taxes Incurred | ($206) | ($602) | ($594) | $2,048 | $4,075 | $4,308 | $3,160 | $3,168 | $3,855 | $5,113 | $5,276 | $5,376 | |
| Net Profit | ($481) | ($1,806) | ($1,782) | $6,144 | $12,226 | $12,924 | $9,480 | $9,504 | $11,565 | $15,340 | $15,828 | $16,127 | |
| Net Profit/Sales | -0.89% | -3.35% | -3.31% | 10.02% | 17.41% | 18.14% | 13.31% | 13.34% | 16.01% | 21.24% | 21.91% | 22.33% | |
| Pro Forma Cash Flow | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Cash Received | |||||||||||||
| Cash from Operations | |||||||||||||
| Cash Sales | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Cash from Receivables | $29,361 | $31,156 | $53,865 | $53,865 | $54,113 | $61,589 | $70,278 | $71,240 | $71,240 | $71,273 | $72,235 | $72,235 | |
| Subtotal Cash from Operations | $29,361 | $31,156 | $53,865 | $53,865 | $54,113 | $61,589 | $70,278 | $71,240 | $71,240 | $71,273 | $72,235 | $72,235 | |
| Additional Cash Received | |||||||||||||
| Sales Tax, VAT, HST/GST Received | 0.00% | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| New Current Borrowing | $0 | $46,752 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Other Liabilities (interest-free) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Long-term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales of Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Sales of Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| New Investment Received | $76,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Received | $105,361 | $77,908 | $53,865 | $53,865 | $54,113 | $61,589 | $70,278 | $71,240 | $71,240 | $71,273 | $72,235 | $72,235 | |
| Expenditures | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
| Expenditures from Operations | |||||||||||||
| Cash Spending | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | $16,956 | |
| Bill Payments | $92,571 | $18,510 | $19,790 | $19,687 | $17,528 | $22,470 | $38,113 | $41,338 | $41,282 | $40,226 | $36,457 | $35,975 | |
| Subtotal Spent on Operations | $109,527 | $35,466 | $36,746 | $36,643 | $34,484 | $39,426 | $55,069 | $58,294 | $58,238 | $57,182 | $53,413 | $52,931 | |
| Additional Cash Spent | |||||||||||||
| Sales Tax, VAT, HST/GST Paid Out | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Principal Repayment of Current Borrowing | $0 | $0 | $0 | $0 | $0 | $0 | $10,000 | $0 | $10,000 | $0 | $16,752 | $10,000 | |
| Other Liabilities Principal Repayment | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Long-term Liabilities Principal Repayment | $4,158 | $4,165 | $4,172 | $4,179 | $4,186 | $4,193 | $4,200 | $4,207 | $4,214 | $4,221 | $2,978 | $2,985 | |
| Purchase Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Purchase Long-term Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Dividends | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Subtotal Cash Spent | $113,685 | $39,631 | $40,918 | $40,822 | $38,670 | $43,619 | $69,269 | $62,501 | $72,452 | $61,403 | $73,143 | $65,916 | |
| Net Cash Flow | ($8,324) | $38,277 | $12,947 | $13,043 | $15,442 | $17,970 | $1,010 | $8,739 | ($1,212) | $9,870 | ($908) | $6,319 | |
| Cash Balance | $7,863 | $46,140 | $59,086 | $72,129 | $87,571 | $105,541 | $106,550 | $115,290 | $114,078 | $123,948 | $123,040 | $129,359 | |
| Pro Forma Balance Sheet | |||||||||||||
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | ||
| Assets | Starting Balances | ||||||||||||
| Current Assets | |||||||||||||
| Cash | $16,187 | $7,863 | $46,140 | $59,086 | $72,129 | $87,571 | $105,541 | $106,550 | $115,290 | $114,078 | $123,948 | $123,040 | $129,359 |
| Accounts Receivable | $58,721 | $83,226 | $105,935 | $105,935 | $113,360 | $129,492 | $139,144 | $140,105 | $140,105 | $141,100 | $142,062 | $142,062 | $142,062 |
| Inventory | $99,430 | $83,973 | $68,515 | $53,058 | $35,710 | $20,048 | $20,155 | $20,155 | $20,155 | $20,262 | $20,262 | $20,262 | $20,262 |
| Other Current Assets | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 | $2,000 |
| Total Current Assets | $176,338 | $177,061 | $222,589 | $220,078 | $223,198 | $239,110 | $266,839 | $268,810 | $277,550 | $277,440 | $288,272 | $287,364 | $293,684 |
| Long-term Assets | |||||||||||||
| Long-term Assets | $226,967 | $226,967 | $226,967 | $226,967 | $226,967 | $226,967 | $226,967 | $226,967 | $226,967 | $226,967 | $226,967 | $226,967 | $226,967 |
| Accumulated Depreciation | $43,015 | $46,481 | $49,947 | $53,413 | $56,879 | $60,345 | $63,811 | $67,277 | $70,743 | $74,209 | $77,675 | $81,141 | $84,607 |
| Total Long-term Assets | $183,952 | $180,486 | $177,020 | $173,554 | $170,088 | $166,622 | $163,156 | $159,690 | $156,224 | $152,758 | $149,292 | $145,826 | $142,360 |
| Total Assets | $360,290 | $357,547 | $399,609 | $393,632 | $393,286 | $405,732 | $429,995 | $428,500 | $433,774 | $430,198 | $437,564 | $433,190 | $436,044 |
| Liabilities and Capital | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
| Current Liabilities | |||||||||||||
| Accounts Payable | $91,955 | $17,851 | $19,132 | $19,108 | $16,797 | $21,203 | $36,735 | $39,960 | $39,937 | $39,010 | $35,258 | $34,785 | $34,497 |
| Current Borrowing | $0 | $0 | $46,752 | $46,752 | $46,752 | $46,752 | $46,752 | $36,752 | $36,752 | $26,752 | $26,752 | $10,000 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Subtotal Current Liabilities | $91,955 | $17,851 | $65,884 | $65,860 | $63,549 | $67,955 | $83,487 | $76,712 | $76,689 | $65,762 | $62,010 | $44,785 | $34,497 |
| Long-term Liabilities | $271,874 | $267,716 | $263,551 | $259,379 | $255,200 | $251,014 | $246,821 | $242,621 | $238,414 | $234,200 | $229,979 | $227,001 | $224,016 |
| Total Liabilities | $363,829 | $285,567 | $329,435 | $325,239 | $318,749 | $318,969 | $330,308 | $319,333 | $315,103 | $299,962 | $291,989 | $271,786 | $258,513 |
| Paid-in Capital | $46,912 | $122,912 | $122,912 | $122,912 | $122,912 | $122,912 | $122,912 | $122,912 | $122,912 | $122,912 | $122,912 | $122,912 | $122,912 |
| Retained Earnings | $20,631 | ($50,451) | ($50,451) | ($50,451) | ($50,451) | ($50,451) | ($50,451) | ($50,451) | ($50,451) | ($50,451) | ($50,451) | ($50,451) | ($50,451) |
| Earnings | ($71,082) | ($481) | ($2,287) | ($4,068) | $2,076 | $14,302 | $27,226 | $36,706 | $46,210 | $57,775 | $73,115 | $88,943 | $105,070 |
| Total Capital | ($3,539) | $71,980 | $70,174 | $68,393 | $74,537 | $86,763 | $99,687 | $109,167 | $118,671 | $130,236 | $145,576 | $161,404 | $177,531 |
| Total Liabilities and Capital | $360,290 | $357,547 | $399,609 | $393,632 | $393,286 | $405,732 | $429,995 | $428,500 | $433,774 | $430,198 | $437,564 | $433,190 | $436,044 |
| Net Worth | ($3,539) | $71,980 | $70,174 | $68,393 | $74,537 | $86,763 | $99,687 | $109,167 | $118,671 | $130,236 | $145,576 | $161,404 | $177,531 |