Pre-Operation Year 1

A.Income Statement
Gross Sales^ 3,456,000
Less: Cost of Sales 244,000
Gross Profit 3,212,000
Less: Operating Expenses
Salaries Expense - Labor Outgrow 324,000
Salaries Expense - Construction of Tank 300,000
Utility Expense- Electric Bill 80,000
Legal Expense 20,000
Maintainance 90,000
Disinfection Supplies 30,000
Administration Supplies 50,000
Depreciation Expense- Tank 50,000
Depreciation Expense- Equipment 32,493
Net Income 2,235,507

B. CASH FLOW
Cash Flow from Operating Expense
Gross Sale 3,456,000
Less: Cost of Sale
Salaries Expense - Labor Outgrow 324,000
Salaries Expense - Construction of Tank 300,000
Utility Expense- Electric Bill 80,000
Legal Expense 20,000
Maintainance 90,000
Disinfection Supplies 30,000
Administration Supplies 50,000
Net Cash Inflow 2,562,000
Cash Flow from Investing Activities
purchase of equipment
filtration system 26,400
bio filtration system 110,400
 o2 injection equipment 52,320
ph controller 7,680
water pump 14,592
air compressor 8,997
construction of tank 500,000
Total 720,389
Cash Flow from Financing Activity
Initial Investment 1,000,000
Net Cash Inflow 1,000,000
Net Cash 279,611 2,562,000
Add: Beginning Cash 279,611
Cash Ending 279,611 2,841,611

C. STATEMENT OF FINANCIAL POSITION

Current Assets
Cash
Total 279,611
NON-CURRENT ASSET
filtration system 26,400
bio filtration system 110,400
o2 injection equipment 52,320
ph controller 7,680
water pump 14,592
air compressor 8,997
construction of tank 500,000
Less: Depreciation expense- equipment 50,000
Depreciation Expense - Tank 32,493
Total 720,389
Total Asset 1,000,000
Liabilities
Owners’ Equity
Capital, Beginning
Add: Net Income
Capital, Ending
Year 2 Year 3 Year 4 Year 5

3,801,600.0 4,181,760.0 4,599,936.0 5,059,929.6

256,200.00 269,010.00 282,460.50 296,583.53
3,545,400 3,912,750 4,317,476 4,763,346

324,000 324,000 324,000 324,000

300,000 300,000 300,000 300,000
84,000.00 88,200.00 92,610.00 97,240.50
21,000.00 22,050.00 23,152.50 24,310.13
94,500.00 99,225.00 104,186.25 109,395.56
31,500.00 33,075.00 34,728.75 36,465.19
52,500.00 55,125.00 57,881.25 60,775.31
100,000 150,000 200,000 250,000
64,986 97,479 129,972 162,465
2,472,914 2,743,596 3,050,945 3,398,694

3,801,600 4,181,760 4,599,936 5,059,930

324,000 324,000 324,000 324,000

300,000 300,000 300,000 300,000
84,000 88,200 92,610 97,241
21,000 22,050 23,153 24,310
94,500 99,225 104,186 109,396
31,500 33,075 34,729 36,465
52,500 55,125 57,881 60,775
2,894,100 3,260,085 3,663,377 4,107,743
2,894,100 3,260,085 3,663,377 4,107,743
2,562,000 2,894,100 3,260,085 3,663,377
5,456,100 6,154,185 6,923,462 7,771,120