VEGGIE MUFFINS

Projected Income
For the year ended December 31, 2023-2025
2023 2024
Sales 720,000 907,200
Cost of Goods Cost
Raw Materials 66,720.00 70,056.00
Freight In 7,200.00 7,344.00
Direct Labor 216,000 216,000
Overhead Cost 107,701.33 109,309.09
Total Cost of Goods Sold 397,621.33 402,709.09

Gross Income 322,378.67 504,490.91

Operating Expense
Compensation Allowance 216,000 216,000
Office Supplies 484 384
Sanitation Expense 1,585.00 1,206.95
Permit and License 2,580 2,580
Transportation Expense 7,200.00 7,344.00
Kitchen Supplies 1,020.00 1,020.00
Depreciation of furniture Expense 2,675 2,675
Advertising Expense 450 450
Miscellanous Expense 700 700
Total Perating Expense 232,694 232,360
Income Before Tax (30%) 89,684.67 272,130.96
Less: Income Tax 26905.401 81639.288
Net Income 62,779.27 190,491.67
 VEGGIE MUFFINS
Projected Statement of Cash Flow
25 For the year ended December 31, 2023-20
2025 Cash inflow Pre-operation
1,143,072
Cash Receive from sales
73,558.80 Partners' Investments 72,296.40
7,490.88 Total Cash Inflow 72,296.40
216,000 Cash outflow
110,949.01 Equipment 12,700.00
407,998.69 Furniture and Fixture 7,650.00
Raw Materials ------
735,073.31 Freight-In ------
Direct Labor ------
Overhead Cost ------
216,000 Compensation Allowance ------
384 Office Supplies ------
1,219.02 Sanitation Expense ------
2,580 Permit and License ------
7,490.88 Transportation Expense ------
1,020.00 Kitchen Supplies ------
1,600 Depreciation of furniture Expense ------
450 Advertising Expense ------
700 Miscellanous Expense ------
231,444 Income Tax ------
503,629.41 Total Cash outflow 20,350.00
151088.823 Net Cash flow 51,946.40
352,540.59 Cash Blance, Beginning ------
Cash Balance, Ending 51,946.40
VEGGIE MUFFINS
ed Statement of Cash Flow
ended December 31, 2023-2025
2023 2024 2025

720,000 907,200 1,143,072

720,000 907,200 1,143,072

66,720.00 70,056.00 73,558.80

7,200.00 7,344.00 7,490.88
216,000 216,000 216,000
107,701.33 109,309.09 110,949.01
216,000 216,000 216,000
484 384 384
1,585.00 1,206.95 1,219.02
2,580 2,580 2,580
7,200.00 7,344.00 7,490.88
1,020.00 1,020.00 1,020.00
2,675 2,675 1,600
450 450 450
700 700 700
------ 26,905.40 81,639.29
630,315 661,974 721,082
89,684.67 245,225.56 421,990.12
51,946.40 141,631.07 386,856.63
141,631.07 386,856.63 808,846.75
 VEGGIE MUFFINS
Projected State,emt of Financial Position
For the year ended December 31, 2023-2025
ASSETS 2023 2024
Curent Assets
Cash 141,631.07 386,856.00
Total Current Assets 141,631.07 386,856.00

Non Current Assets

Equipment 12,700.00 12,700.00
Accumulated Depreciation -3,313.33 -6,626.66
Furniture and Fixture 7,650.00 7,650.00
Accumulated Depreciation -2,675 -5,350
Total Non-Current Assets 14,361.67 8,373.34
Total Assets 155,993 395,229

LIABILITIES AND EQUITIES

Current Liabilities
Income Tax Payable 26,905.40 81,639.29
Total Current Liabilities 26,905.40 81,639.29
Equities
Partners' Capital 72,296.40 135,075.67
Net Income 62,779.27 190,491.67
Total Equities 135,075.67 325,567.34
Total Liabilities and Equities 161,981
5
2025

808,846.75
808,846.75

12,700.00
-9,939.99
7,650.00
-8,025
2,385.01
811,232

151,088.82
151,088.82

325,567.34
352,540.59
678,107.93