Dollinger index

200 ENTREPRENEURSHIP

Project Income Statement

Sales
Less expenses:
COGS-Materials
COGS-Design & Printing
COGS-Distribution (5% of sales)
Total COGS
Gross Profit

Sales & marketing
G&A
Owners salaries
Salaries
Advertising
Rent
Hardware
Software
R & D
Depreciation (5-yr straight line
on printer)
Interest
Total sales, marketing &
other expenses
Net income before tax
Income tax expense
Net Income

Year 1

350,000

36,960

11,667

17,500

66,127

283,873

75,000

310,000

100,000

24,000

3,000

22,000

40,000

37,000

(28,500)

582,500

(298,627)

(298,627)

Year 2

560,000

59,136

18,667

28,000

105,803

454,197

95,000

80,000

310,000

35,000

24,000

3,000

22,000

15,000

37,000

(22,276)

598,724

(144,527)

(144,527)

Year 3

896,000

94,618

29,867

44,800

169,284

726,716

95,000

80,000

310,000

35,000

24,000

5,000

10,000

15,000

37,000

(15,460)

595,540

131,176

131,176

Year 4

1,568,000

146,101

46,118

78,400

270,618

1,297,382

125,000

100,000

310,000

50,000

36,000

5,000

10,000

40,000

37,000

(7,997)

705,003

592,379

592,379

Year 5

2,744,000

217,325

68,600

137,200

423,125

2,320,875

125,000

120,000

310,000

50,000

36,000

5,000

10,000

60,000

37,000

(4,180)

748,820

1,572,055

1,572,055

C

C

CCC C