Part 3 Using the Score Financial Projections Template (See Below) analyze the pictures in their entirety for any aspects that may not be obvious to the common financial statement user. Explain each of these areas of possible confusion.Also,Please provide assumptions regarding financial statement content monthly for the first year. The spreadsheet did not show up on word like I wanted it to. If the person looking at this would like a copy of the excel spreadsheet I would be happy to send it to them.

Cash Flow Forecast Year 1
Prepared By:	Company Name:
Owner	Company 1
	Month 1	Month 2	Month 3	Month 4	Month 5	Month 6	Month 7	Month 8	Month 9	Month 10	Month 11	Month 12	Totals
Beginning Balance	$ -	$ 75,000	$ 208,289	$ 288,321	$ 409,335	$ 530,927	$ 612,487	$ 733,737	$ 855,666	$ 937,668	$1,059,130	$1,197,864
Cash Inflows
Cash Sales	148,909	120,420	125,119	129,571	124,168	123,934	132,357	125,088	126,509	130,047	154,884	155,892	$ 1,596,898
Accounts Receivable	-	148,909	120,420	125,119	129,571	124,168	123,934	132,357	125,088	126,509	130,047	154,884	$ 1,441,006
Total Cash Inflows	$ 148,909	$ 269,329	$ 245,539	$ 254,690	$ 253,739	$ 248,102	$ 256,291	$ 257,445	$ 251,597	$ 256,556	$ 284,931	$ 310,776	$ 3,037,904
Cash Outflows
Investing Activities
New Fixed Asset Purchases	-	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	5,500	$ 60,500
Additional Inventory	3,081	3,851	4,160	4,314	3,400	4,251	4,591	4,761	4,651	4,322	5,049	4,892	$ 51,323
Cost of Goods Sold	58,047	105,853	97,551	100,999	100,397	98,210	101,304	101,622	99,449	101,254	111,644	121,268	$ 1,197,597
Operating Activities
Operating Expenses	1,794	1,794	1,794	1,794	1,794	1,794	1,794	1,794	1,794	1,794	1,794	1,794	$ 21,528
Payroll	8,328	8,328	8,328	8,328	8,328	8,328	8,328	8,328	8,328	8,328	8,328	8,328	$ 99,939
Taxes	-	-	37,474	-	-	35,744	-	-	36,376	-	-	42,173	$ 151,767
Financing Activities
Loan Payments	483	483	483	483	483	483	483	483	483	483	483	483	$ 5,792
Owners Distribution	-	-	-	-	-	-	-	-	-	-	-	-	$ -
Line of Credit Interest		40	27	14	1	(12)	(26)	(39)	(52)	(65)	(78)	(91)	$ (281)
Line of Credit Repayments	1,975	1,975	1,975	1,975	1,975	1,975	1,975	1,975	1,975	1,975	1,975	1,975	$ 23,694
Dividends Paid	8,216	8,216	8,216	10,270	10,270	10,270	11,092	11,092	11,092	11,503	11,503	11,503	$ 123,243
Total Cash Outflows	$ 81,923	$ 136,040	$ 165,507	$ 133,676	$ 132,147	$ 166,542	$ 135,041	$ 135,515	$ 169,596	$ 135,094	$ 146,197	$ 197,824	$ 1,735,102
Net Cash Flows	$ 66,986	$ 133,289	$ 80,032	$ 121,014	$ 121,592	$ 81,560	$ 121,250	$ 121,930	$ 82,001	$ 121,462	$ 138,734	$ 112,952	$ 1,302,802
Operating Cash Balance	$ 66,986	$ 208,289	$ 288,321	$ 409,335	$ 530,927	$ 612,487	$ 733,737	$ 855,666	$ 937,668	$1,059,130	$1,197,864	$1,310,816
Line of Credit Drawdown	$ 8,014	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ -	$ 8,014
Ending Cash Balance	$ 75,000	$ 208,289	$ 288,321	$ 409,335	$ 530,927	$ 612,487	$ 733,737	$ 855,666	$ 937,668	$1,059,130	$1,197,864	$1,310,816
Line of Credit Balance	$ 6,040	$ 4,065	$ 2,091	$ 116	$ (1,858)	$ (3,833)	$ (5,807)	$ (7,782)	$ (9,756)	$ (11,731)	$ (13,705)	$ (15,680)

Cash Flow Forecast Year I Cash inflows Additional Inventory 51323 LTM ITM 179 ITM 171 179 21 S28 8328 8328 IS TYS39 Loan Pymen 153 153 153 Owners Distribution Line Credit Repaymen 23694 8216 82 161 82161 10270 10.270 10270 II.092 IIS03 II SO3 03 Dividends Paid 23.243 Net Cash Flo 288,321 409,335 Operating Cash S S S S S S Line of Credit Drawdown Ending Cash Balance Line of Credit Balance 6,040 4,065 S 2.091 S II6 853) 3,83)S (5307 S (7782 (756 IIT3DS (13705) (15080) 6a-Cash Flow Year Cash Flow Forecast Year I Cash inflows Additional Inventory 51323 LTM ITM 179 ITM 171 179 21 S28 8328 8328 IS TYS39 Loan Pymen 153 153 153 Owners Distribution Line Credit Repaymen 23694 8216 82 161 82161 10270 10.270 10270 II.092 IIS03 II SO3 03 Dividends Paid 23.243 Net Cash Flo 288,321 409,335 Operating Cash S S S S S S Line of Credit Drawdown Ending Cash Balance Line of Credit Balance 6,040 4,065 S 2.091 S II6 853) 3,83)S (5307 S (7782 (756 IIT3DS (13705) (15080) 6a-Cash Flow Year