CASH FLOW STATEMENT

Year1 Qtr1 Year1 Qtr2 Year1 Qtr3 Year1 Qtr4Rent 5000 5000 5000 5000Sales 200,000 300,000 250000 250000Costs of goods 50000 45000 55000 50000

Salaries 22500 22500 22500 22500

Net Income 122500 227500 167500 122500

Year2 Qtr1 Year2 Qtr2 Year2 Qtr3 Year2 Qtr4Rent 6000 6000 6000 6000Sales 225000 315000 265000 255000Costs of goods 56000 55000 57000 61000

Salaries 26000 26000 26000 26000

Net Income 107000 228,000 176000 162000

Year3 Qtr1 Year3 Qtr2 Year3 Qtr3 Year3 Qtr4Rent 7900 7900 7900 7900Sales 275000 330000 275000 295000Costs of goods 63000 62000 65000 59000

Salaries 34000 34000 34000 34000

Net income 170100 226100 168100 158100

Cash Flow By Year

Year1 Year2 Year3Cash 250,000 418,000 521,000Accounts Receiveable 642700 673000 643500Total Assets 645200 1509000 1164500

Accounts Payable 310000 357000 417600Total Liabilities 310000 357000 417600

Net 335200 1152000 746900