Income Statement

Income Before SSF Income after SSF year 1 Income after SSF year 2

Sales (Halin) 2,382,080.00 Sales (Halin) 4,882,080.00 Sales (Halin) 4,882,080.00

Less: Cost of Sales(Balor sa Less: Cost of Sales(Balor sa Less: Cost of Sales(Balor sa
Nahalin) Nahalin) Nahalin)

Raw Material 720,000.00 Raw Material 2,400,000.00 Raw Material 2,400,000.00

Labor Charge 768,000.00 Labor Charge 1,440,000.00 Labor Charge 1,440,000.00

Packeging 87,372.00 Packeging 222,372.00 Packeging 222,372.00

Total 1,575,372.00 Total 4,062,372.00 Total 4,062,372.00

Gross Income 806,708.00 Gross Income 819,708.00 Gross Income 819,708.00

Supplies 1,300.00 Supplies 1,300.00 Supplies 1,300.00

Light 24,000.00 Light 60,000.00 Light 60,000.00

Water 36,000.00 Water 48,000.00 Water 48,000.00

Permit/Licenses 5,000.00 Permit/Licenses 5,000.00 Permit/Licenses 5,000.00
Depreciation 32,650.00 Depreciation 32,650.00 Depreciation 32,650.00
Miscellanous 60,000.00 Miscellanous 60,000.00 Miscellanous 60,000.00

Total 158,950.00 Total 206,950.00 Total 206,950.00

Net Income 647,758.00 Net Income 612,758.00 Net Income 612,758.00