T.P,
Profit & LOss Statement (oont)_
Oporr-t inp; S:q: : rise s
Salaries
Commissions
Amortization on Building
Amortization on Fixtures
Light, Power, Heft & Water
Service Charge:
Administrative, Accounting, Disbursing
done by General Office A.R.R.C.
Building Maintenance
Use of Company owned Equipment
License Taxes
Supplies - Paper, Bags, Twine, etc.
Other Costs (Miscellaneous Expenses)
Insurance
Interest on Merchandise Inventory 5 mo.
6,258.80
855.24
652.72
545.83
975.70
2,100.00
125.24
110.55
225.34
145.63
134.66
193.30
507.59
Total Operating Expenses
12.765.75
Net Profit
5,107.63
Gross Profit 22^221$
Operating Cost 15.871$
Not Profit
16.350$
Net }rofit 5,107.63
Set aside for Stock
Dividend 13,70
5,G93.5'5“
Education Fund 5$ §55^38
4, Bo.. ,55
Purchase Savings Dividend 50$ 2,419.27
M. V, F. C. Assn. Reserve 2,4*19,28
PROFIT AND LOSS STATEMENT
COOPERATING GARAGE & SERVICE STATION
Revenue
Materials Sold & Repair Work '
Less
Purchases from A.R.R.C. Stock
This includes labor on shop work
and materials 3old
6,336.15
Overhead. Expense
Expenses including salaries of'manager,
bookeeper, servicemen, rent, heat, .
light, power, yfa^er, administration
o XT) o ns G —
Based on 20% of Revenue 25,100.21 5,f)20.C0
25,100.21
18,764.06