CREATE A BALANCE SHEET WITH THE INFORMATION GIVEN:

Company started off with $500,000.

Budget Sheet:

The income statement:

Daily Dose Budget Sheet Catergory Type Percentage Cost Supplier Cost Vyvanse 30mg 19.68% $ 98,400.00 Adderall 20mg 12.40% $ 61,020.00 Ritalin 20mg 9.40% $ 47,000.00 Total 26.80% $206,420.00 Transformation Cost Pharmacist Salary 20.41% $ 102,047.00 2 Delivery Employees 2.70% $ 13,520.00 Total 23.11% $ 115,567.00 Logistics Cost 2 Sprinter Vans 4.80% $ 24,072.00 Gas 0.04% $ 2,400.00 Packaging/Bottles 0.06% $ 314.65 Total 4.90% $ 26,786.65 Overhead Cost Rent 13.70% $ 68,388.00 Vehicle Insurance 1.09%$ 5,448.00 Pharmacy Insurance 0.09% $ 468.00 Utilities 0.65%$ 3,240.00 Telephones 0.10% $ 504.00 Pharmasutical License 0.11% $ 569.00 Total 15.74% $ 78,617.00 Grand Total 85.50% $427,390.65 Revenues Cost of revenues Transformation Cost Logistics Overhead Expenses 2020 1,124,760 206,420 115,567 26,786 78,617 Total costs and expenses Income from operations Less: Income taxes 427,391 697,369 99,204 Net income 598,165 Daily Dose Budget Sheet Catergory Type Percentage Cost Supplier Cost Vyvanse 30mg 19.68% $ 98,400.00 Adderall 20mg 12.40% $ 61,020.00 Ritalin 20mg 9.40% $ 47,000.00 Total 26.80% $206,420.00 Transformation Cost Pharmacist Salary 20.41% $ 102,047.00 2 Delivery Employees 2.70% $ 13,520.00 Total 23.11% $ 115,567.00 Logistics Cost 2 Sprinter Vans 4.80% $ 24,072.00 Gas 0.04% $ 2,400.00 Packaging/Bottles 0.06% $ 314.65 Total 4.90% $ 26,786.65 Overhead Cost Rent 13.70% $ 68,388.00 Vehicle Insurance 1.09%$ 5,448.00 Pharmacy Insurance 0.09% $ 468.00 Utilities 0.65%$ 3,240.00 Telephones 0.10% $ 504.00 Pharmasutical License 0.11% $ 569.00 Total 15.74% $ 78,617.00 Grand Total 85.50% $427,390.65 Revenues Cost of revenues Transformation Cost Logistics Overhead Expenses 2020 1,124,760 206,420 115,567 26,786 78,617 Total costs and expenses Income from operations Less: Income taxes 427,391 697,369 99,204 Net income 598,165