Question: I need help developing and income statement for three years with the following information. Income statement Year 1 Year 2 Year 3 Revenues Booking Fees

I need help developing and income statement for three years with the following information.

Income statement

Year 1

Year 2

Year 3

Revenues

Booking Fees

$ 480,000

$ 1,440,000

$ 2,880,000

Pro Membership

$ 300,000

$ 150,000

$ 200,000

Premium Membership

$ 300,000

$ 125,000

$ 200,000

Premium Plus Membership

$ 450,000

$ 112,500

$ 600,000

Total Sales

$ 1,530,000

$ 1,827,500

$ 3,880,000

Loans

$ 200,000

$ -

$ -

Expenses & Costs

Lease

$ 30,000

$ 35,000

$ 40,000

Marketing

$ 100,000

$ 100,000

$ 150,000

Salaries

$ 598,339

$ 760,008

$ 760,008

Office Supplies

$ 30,000

$ 30,000

$ 30,000

Other Expenses

$ 20,000

$ 20,000

$ 20,000

Total Expenses and Costs

$ 778,339

$ 945,008

$ 1,000,008

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