During week $3,$ the weather is warm and the team has a $7-$day homestand. Alex sells $1,700$ hot dogs. After paying the cart vendor, Alex is left with $$622.$

Prepare a cash flow statement for week $3.$

Units

Alex's Hot dogs

Cash Flow Statement

Week $3$

Cash Generated from Operating Activities

Cash Receipts from Sales

Total Cash from Operating Activities

Cash Used in Operating Activities

Payment of Accounts Payable

Operating Expenses

Taxes

Total Cash Used in Operating

Activities

Cash Flow

Prepare a profit and loss statement for week $3_{?}$

Units

Alex's Hot dogs

Profit and Loss Statement

Sales Activity

Week $3$

Revenue

Cost of Goods Sold

Gross Profit

Operating Expenses

Profit Before Taxes

Taxes

Net Profit

What is Alex's profit for week $3?$