Profit & Loss Comparison Statement

Modified Cash Basis

Report Date: 1/14/2021

INCOME 10/1/2020 - 12/31/2020 10/1/2019 - 12/31/2019

40100 - Service Revenue $216,432.00 $335,424.00

TOTAL INCOME $216,432.00 $335,424.00

COST OF GOODS SOLD 10/1/2020 - 12/31/2020 10/1/2019 - 12/31/2019

50100 - Salaries and Wages -
$98,082.91 $52,657.34
COGS
50200 - Contract Labor - Cogs $29,189.00 $94,305.00
50300 - Computer and Software
$3,164.67 $5,476.17
Subscriptions
50400 - Payroll Tax Expenses -
$0.00 $6,998.34
COGS

TOTAL COST OF GOODS $130,436.58 $159,436.85

SOLD

GROSS PROFIT $85,995.42 $175,987.15

EXPENSES 10/1/2020 - 12/31/2020 10/1/2019 - 12/31/2019

60100 - Advertising $13,029.00 $13,812.31

60200 - Insurance $11,261.57 $8,639.17
60300 - Auto Expenses $0.00 $0.00
61400 - Rent $21,927.00 $36,599.00
61500 - Repairs & Maintenance $214.99 $0.00
61600 - Meals & Entertainment $1,475.77 $2,912.57
61900 - Office Supplies $6,136.00 $1,404.00
62100 - Telephone $2,349.71 $3,760.05
63000 - Payroll Expense $0.00 $0.00
63100 - Payroll Tax Expense $0.00 $0.00
65000 - Professional Fees $103.10 $775.00
63700 - Utilities $1,348.76 $2,798.19
71000 - Misc. Expense $0.00 $4,735.05
60310 - Gasoline and Fuel $1,345.00 $2,413.27
60320 - Auto Repair and Main $421.00 $810.58
60330 - Parking and Tolls $61.00 $61.10
60410 - Bank Fees $1,123.00 $1,355.64
65100 - Charitable Contributions $1,203.00 $3,447.74
60710 - Legal Fees $1,320.00 $800.00
60720 - Tax and Accounting
$0.00 $1,900.00
Fees
60730 - Administrative Labor $1,864.22 $1,590.00
60810 - Postage and Delivery $455.00 $491.64
60820 - Travel $1,722.87 $3,276.05
60830 - Travel Food $169.77 $2,224.39
60910 - State and Local Taxes $1,465.00 $1,882.50

TOTAL EXPENSES $68,995.76 $95,688.25

NET PROFIT $16,999.66 $80,298.90