The following is a simple simple income statement. It has formulas already built into the document. There may be more expense categories you can add, but its a helpful first start.
JanuaryRevenue Cost of Goods Sold Gross Profit $35,000.00
$10,500.00 $24,500.00
February$25,000.00 $7,500.00 $17,500.00
March$27,500.00 $8,250.00 $19,250.00
April$30,000.00 $9,000.00 $21,000.00
May$32,500.00 $9,750.00 $22,750.00
June$35,000.00 $10,500.00 $24,500.00
July$35,000.00 $10,500.00 $24,500.00
August$35,000.00 $10,500.00 $24,500.00
September$37,000.00 $11,100.00 $25,900.00
October November December$37,000.00 $11,100.00 $25,900.00
$39,000.00 $11,700.00 $27,300.00 $42,000.00 $12,600.00
$29,400.00
Total$410,000.00 $123,000.00 $287,000.00
Line Item ExpensesRent Utilities and Telephone Insurance
Salaries Professional Services Supplies Dues and Subscriptions
Marketing/Publicity Capital Expenses Interest Expense General and
Miscellaneous TOTAL EXPENSES NET INCOME NI Before Capital
Expense
January$8,500 $1,500 $1,000 $2,500 $750 $500 $250 $2,000 $15,000
$2,000 $500 $34,500
February$8,500 $1,500 $1,000 $2,500 $750 $500 $250 $500 $15,000
$2,000 $500 $33,000
March$8,500 $1,500 $1,000 $2,500 $750 $500 $250 $600 $15,000
$2,000 $500 $33,100
April$8,500 $1,500 $1,000 $3,000 $750 $500 $250 $700 $15,000
$1,500 $500 $33,200
May$8,500 $1,500 $1,000 $3,000 $750 $500 $250 $800 $15,000
$1,500 $500 $33,300
June$8,500 $1,500 $1,000 $3,000 $750 $500 $250 $900 $15,000
$1,500 $500 $33,400 $(8,900.00) $6,100.00
July$8,500 $1,500 $1,000 $3,500 $750 $500 $250 $1,000 $15,000
$1,000 $500 $33,500 $(9,000.00) $6,000.00
August$8,500 $1,500 $1,000 $3,500 $750 $500 $250 $1,100 $15,000
$1,000 $500 $33,600 $(9,100.00) $5,900.00
September$8,500 $1,500 $1,000 $3,500 $750 $500 $250 $1,200
$15,000 $1,000 $500 $33,700 $(7,800.00) $7,200.00
October November December$8,500 $1,500 $1,000 $4,000 $750 $500
$250 $1,300 $15,000 $1,000 $500 $34,300 $(8,400.00) $6,600.00
$8,500 $1,500 $1,000 $4,000 $750 $500 $250 $1,400 $15,000 $1,000
$500 $34,400 $(7,100.00) $7,900.00 $8,500 $1,500 $1,000 $4,000 $750
$500 $250 $1,500 $15,000 $1,000 $500 $34,500 $(5,100.00)
$9,900.00
Total$102,000 $18,000 $12,000 $39,000 $0 $9,000 $6,000 $3,000
$13,000 $0 $180,000 $16,500 $0 $6,000 $0 $404,500 $(117,500.00)
$62,500.00
$(10,000.00) $(15,500.00) $(13,850.00) $(12,200.00) $(10,550.00)
$5,000.00 $(500.00) $1,150.00 $2,800.00 $4,450.00
