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Storage Palace

Income Statement
Jun-19
1. Revenue
Storage Palace $ 4,800
Total $ 4,800
2. Cost of Goods Sold
Material 2400
Labor 450
Total $ 2,850
3. Gross Profit $ 1,950
4. Expensives
Advertising 0
Labor (payroll) 1,500
Total $ 1,500
5. Net Income $ 450