LAP Industries, Inc.

PROFIT AND LOSS

January - December 2019

TOTAL
Income
Management Fees
LAP Industries 75,000.00
Total Management Fees 75,000.00
Total Income $75,000.00
GROSS PROFIT $75,000.00
Expenses
Advertising & Marketing
LAP Industries 203.92
Total Advertising & Marketing 203.92
Bank Charges & Fees
LAP Industries 516.50
Total Bank Charges & Fees 516.50
Car & Truck
LAP Industries 3,488.16
Total Car & Truck 3,488.16
Dues & subscriptions
LAP Industries 196.12
Total Dues & subscriptions 196.12
Entertainment
LAP Industries 20,913.26
Total Entertainment 20,913.26
Interest Paid
LAP Industries
Credit Cards 2,548.20
Loans Payable 23,761.20
Total LAP Industries 26,309.40
Total Interest Paid 26,309.40
Meals & Entertainment
LAP Industries 10,121.11
Total Meals & Entertainment 10,121.11
Office Supplies & Software
LAP Industries 5,209.08
Total Office Supplies & Software 5,209.08
Promotional Meals
LAP Industries 703.98
Total Promotional Meals 703.98
Repairs & Maintenance
LAP Industries 7,226.84
Total Repairs & Maintenance 7,226.84

Accrual Basis Friday, February 21, 2020 03:33 PM GMT-07:00 1/2

 TOTAL
Taxes & Licenses
LAP Industries 18.07
Total Taxes & Licenses 18.07
Travel
LAP Industries 4,207.70
Total Travel 4,207.70
Travel Meals
LAP Industries 311.83
Total Travel Meals 311.83
Utilities
LAP Industries 2,069.44
Total Utilities 2,069.44
Total Expenses $81,495.41
NET OPERATING INCOME $ -6,495.41
NET INCOME $ -6,495.41

Accrual Basis Friday, February 21, 2020 03:33 PM GMT-07:00 2/2