1. Year1 Qtr1 Year1 Qtr2 Year1 Qtr3 Year1 Qtr4
Rent 5000 5000 5000 5000
Sales 200,000 300,000 250000 250000
Costs of goods 50000 45000 55000 50000
Salaries 22500 22500 22500 22500
Net Income 122500 227500 167500 122500
Year2 Qtr1 Year2 Qtr2 Year2 Qtr3 Year2 Qtr4
Rent 6000 6000 6000 6000
Sales 225000 315000 265000 255000
Costs of goods 56000 55000 57000 61000
Salaries 26000 26000 26000 26000
Net Income 107000 228,000 176000 162000
Year3 Qtr1 Year3 Qtr2 Year3 Qtr3 Year3 Qtr4
Rent 7900 7900 7900 7900
Sales 275000 330000 275000 295000
Costs of goods 63000 62000 65000 59000
Salaries 34000 34000 34000 34000
Net income 170100 226100 168100 158100

2. Year1 Year2 Year3
Cash 250,000 418,000 521,000
Accounts Receiveable 642700 673000 643500
Total Assets 645200 1509000 1164500
Accounts Payable 310000 357000 417600
Total Liabilities 310000 357000 417600
Net 335200 1152000 746900