Question: Please make a balance sheet from this income statement Pro Forma Income Statement Health Track Deliveries January to December 2022 Financial Statements in US Dollars

 Please make a balance sheet from this income statement Pro Forma

Please make a balance sheet from this income statement

Income Statement Health Track Deliveries January to December 2022 Financial Statements in

Pro Forma Income Statement Health Track Deliveries January to December 2022 Financial Statements in US Dollars Revenue Gross Sales Less: Sales Returns and Allowances Net Sales 5 S 1,688,065.00 33.761.00 5 1,654,304,00 von Cost of Goods Sold Beginning inventory Add Purchases Freight-n Direct Labor Inventory Available Less: Ending Inventory Cost of Goods Sold $ 5 $ 2.000.00 64.000.00 45.000.00 73.000.00 184 000.00 5 184,000.00 Gross Profit (Loss) $ 1,470 304.00 Expenses Advertising Bank Charges Depreciation Insurance Licenses and Fees Office Expense Payroll Taxes Rent Repairs and Maintenance Supplies Telephone Utilities Vehide Expenses Wages Total Expenses S $ 5 5 $ 5 $ S $ $ S 277 060,00 800,00 2.800.00 10.000.00 300.00 214.000.00 58 000.00 450,000.00 136 800.00 150 300.00 1.500.00 3.707.00 57.500.00 449.000.00 $ S $ 5 1,811 767.00 Net Operating Income (341,463.00) Other Income Gain (Loss) on Sale of Assets Interest Income Total Other Income 5 $ 180.000.00 2 900.00 $ 182.900.00 Net Income (Loss) $ (158563.00) Year 1 Year 2 Year 3 Year 4 Year 5 Cash Flow Statement Cash from Operations Sales Returns Total From Sales Cash from Financing Total Loan Amount $529,300 $1,638,988 $1,688,065.00 $1,738,650 $1,790,575 $10,586 $32,780 $33,761 $34,773 $35,812 $518,714 $1,606,280 $1,654,304 $1,703,877 $1,754,763 $25,000 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Invested Crystal Ross Austin Carol Stacey Total Invested Total Cash $100,000 0 $100,000 0 $100,000 0 $100,000 0 $900,000 0 $1,300,000 0 $1,843,714 $1,606,280 0 0 0 0 0 0 0 0 0 $1,654,304 $1,703,877 $1,754,763 Pro Forma Income Statement Health Track Deliveries January to December 2022 Financial Statements in US Dollars Revenue Gross Sales Less: Sales Returns and Allowances Net Sales 5 S 1,688,065.00 33.761.00 5 1,654,304,00 von Cost of Goods Sold Beginning inventory Add Purchases Freight-n Direct Labor Inventory Available Less: Ending Inventory Cost of Goods Sold $ 5 $ 2.000.00 64.000.00 45.000.00 73.000.00 184 000.00 5 184,000.00 Gross Profit (Loss) $ 1,470 304.00 Expenses Advertising Bank Charges Depreciation Insurance Licenses and Fees Office Expense Payroll Taxes Rent Repairs and Maintenance Supplies Telephone Utilities Vehide Expenses Wages Total Expenses S $ 5 5 $ 5 $ S $ $ S 277 060,00 800,00 2.800.00 10.000.00 300.00 214.000.00 58 000.00 450,000.00 136 800.00 150 300.00 1.500.00 3.707.00 57.500.00 449.000.00 $ S $ 5 1,811 767.00 Net Operating Income (341,463.00) Other Income Gain (Loss) on Sale of Assets Interest Income Total Other Income 5 $ 180.000.00 2 900.00 $ 182.900.00 Net Income (Loss) $ (158563.00) Year 1 Year 2 Year 3 Year 4 Year 5 Cash Flow Statement Cash from Operations Sales Returns Total From Sales Cash from Financing Total Loan Amount $529,300 $1,638,988 $1,688,065.00 $1,738,650 $1,790,575 $10,586 $32,780 $33,761 $34,773 $35,812 $518,714 $1,606,280 $1,654,304 $1,703,877 $1,754,763 $25,000 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Invested Crystal Ross Austin Carol Stacey Total Invested Total Cash $100,000 0 $100,000 0 $100,000 0 $100,000 0 $900,000 0 $1,300,000 0 $1,843,714 $1,606,280 0 0 0 0 0 0 0 0 0 $1,654,304 $1,703,877 $1,754,763

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!