Falcon Graphics

Income Statement
For the Twelve Months Ending December 31, 2015

Current Month Year to Date

Revenues
Sign Sales Service Revenue $ 111,272.48 64.57 $ 111,272.48 64.57
Sign Install Labor Revenue 54,109.44 31.40 54,109.44 31.40
Sales Tax Revenue 6,951.53 4.03 6,951.53 4.03

Total Revenues 172,333.45 100.00 172,333.45 100.00

Cost of Sales

Total Cost of Sales 0.00 0.00 0.00 0.00

Gross Profit 172,333.45 100.00 172,333.45 100.00

Expenses
Supplies Expense 3,968.22 2.30 60,506.69 35.11
Sales Tax Expense 6,951.53 4.03 6,951.53 4.03
Auto Expense 35.37 0.02 1,421.13 0.82
Gas Expense 169.34 0.10 2,936.31 1.70
Truck Loan Expense 398.48 0.23 4,781.76 2.77
RENT SERVICE 0.00 0.00 2,070.28 1.20
BAD CHECK EXPENSE 0.00 0.00 260.65 0.15
Bank Charges and Interest 854.59 0.50 7,625.55 4.42
BOA - CC Commisions 0.00 0.00 343.09 0.20
Office Expense 750.41 0.44 6,458.14 3.75
SECURITY 35.90 0.02 238.30 0.14
Insurance Expense 357.62 0.21 2,193.23 1.27
Awnings and Installations Serv 1,875.00 1.09 14,240.00 8.26
Maintenance Expense 1,095.00 0.64 1,095.00 0.64
Meals and Entertain. Personal 14.96 0.01 2,624.48 1.52
Meals and Entertain. Business 271.37 0.16 2,442.22 1.42
WATER SUPPLY 0.00 0.00 596.59 0.35
Telephone(mobil) 164.07 0.10 2,442.73 1.42
TELECOMMUNICATION SERVICE 140.19 0.08 1,226.69 0.71

12/06/2017 at 21:04:50 For Management Purposes Only Page: 1

 Falcon Graphics
Income Statement
For the Twelve Months Ending December 31, 2015

Current Month Year to Date

Rent Expense 2,000.00 1.16 19,800.00 11.49
Owners Compensation 1,100.00 0.64 11,525.16 6.69
Utilities Expense 113.14 0.07 2,815.10 1.63
Temprorary Distribution 30.76 0.02 30.76 0.02

Total Expenses 20,325.95 11.79 154,625.39 89.72

Net Income $ 152,007.50 88.21 $ 17,708.06 10.28

12/06/2017 at 21:04:50 For Management Purposes Only Page: 2

 Material Sales Tax
Revenue after Sales Paid To
Bank Deposit Deduction Total Revenue Labor Materials Tax Vendors
Jan-16 $ 14,305.00 $ 14,305.00 $ 8,583.00 $ 5,722.00 $ 5,385.41 $ 357.63 $ 357.63
Feb-16 $ 20,116.25 $ 50.00 $ 20,066.25 $ 12,039.75 $ 8,026.50 $ 7,554.35 $ 501.66 $ 501.66
Mar-16 $ 22,874.20 $ 22,874.20 $ 13,724.52 $ 9,149.68 $ 8,611.46 $ 571.86 $ 571.86
Apr-16 $ 10,542.25 $ 10,542.25 $ 5,103.50 $ 5,438.75 $ 5,118.82 $ 339.92 $ 339.92
May-16 $ 16,520.93 $ 269.50 $ 16,251.43 $ 8,232.63 $ 8,018.80 $ 7,547.11 $ 36.68 $ 501.18 $ 464.50
Jun-16 $ 9,584.08 $ 1,601.08 $ 7,983.00 $ 3,794.90 $ 4,188.10 $ 3,941.74 $ 255.60 $ 246.36 $ (9.24)
Jul-16 $ 18,161.14 $ 338.64 $ 17,822.50 $ 7,003.50 $ 10,819.00 $ 10,182.59 $ 180.74 $ 636.41 $ 455.67
Aug-16 $ 12,646.12 $ 6.12 $ 12,640.00 $ 4,963.50 $ 7,676.50 $ 7,224.94 $ 159.11 $ 451.56 $ 292.45
Sep-16 $ 18,301.05 $ 96.05 $ 18,205.00 $ 7,166.50 $ 11,038.50 $ 10,389.18 $ 250.58 $ 649.32 $ 398.74
Oct-16 $ 19,063.60 $ 213.60 $ 18,850.00 $ 7,120.00 $ 11,730.00 $ 11,040.00 $ 263.85 $ 690.00 $ 426.15
Nov-16 $ 14,010.10 $ 2,200.00 $ 11,810.10 $ 4,714.04 $ 7,096.06 $ 6,678.64 $ 222.10 $ 417.42 $ 195.32
Dec-16 $ 17,509.38 $ 74.38 $ 17,435.00 $ 6,904.00 $ 10,531.00 $ 9,911.53 $ 130.90 $ 619.47 $ 488.57
$ 193,634.10 $ 4,849.37 $ 188,784.73 $ 89,349.84 $ 99,434.89 $ 93,585.78 $ 1,499.56 $ 5,982.77 $ 2,712.15

$ 3,710.54

$ 700.00
$ 500.00
$ 450.00
$ 43.00
$ 500.00
$ 700.00
$ 300.00
$ 730.00
$ 100.00
$ 110.00
$ 215.00
$ 110.00
$ 35.00
$ 150.00
$ 200.00
$ 4,843.00 $ 2,905.80 $ 1,937.20 $ 185.82
 sales tax

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 Total of
Material
-Paid to
Material Vendor Total Sales Sales Tax
Revenue after Sales Charging tax paid Calculated to
Bank Deposit Deduction Total Revenue Labor Materials Tax Sales Tax online be paid
Jan-16 $ 14,305.00 $ 14,305.00 $ 8,583.00 $ 5,722.00 $ 5,385.41 $ 357.63 $ 357.63
Feb-16 $ 20,116.25 $ 50.00 $ 20,066.25 $ 12,039.75 $ 8,026.50 $ 7,554.35 $ 501.66 $ 501.66
Mar-16 $ 22,874.20 $ 22,874.20 $ 13,724.52 $ 9,149.68 $ 8,611.46 $ 571.86 $ 571.86
Apr-16 $ 10,542.25 $ 10,542.25 $ 5,103.50 $ 5,438.75 $ 5,118.82 $ 339.92 $ 339.92
May-16 $ 16,520.93 $ 269.50 $ 16,251.43 $ 8,232.63 $ 8,018.80 $ 7,547.11 $ 7,547.11 $ 471.69 $ 501.18 $ 501.18
Jun-16 $ 9,584.08 $ 1,601.08 $ 7,983.00 $ 3,794.90 $ 4,188.10 $ 3,941.74 $ 2,965.50 $ 2,798.21 $ 174.89 $ 976.24 $ 61.02 $ 185.34 $ 246.36 $ (113.87)
Jul-16 $ 18,161.14 $ 338.64 $ 17,822.50 $ 7,003.50 $ 10,819.00 $ 10,182.59 $ 3,865.61 $ - $ 6,316.98 $ 394.81 $ 241.60 $ 636.41 $ 394.81
Aug-16 $ 12,646.12 $ 6.12 $ 12,640.00 $ 4,963.50 $ 7,676.50 $ 7,224.94 $ 2,545.66 $ - $ 4,679.28 $ 292.46 $ 159.10 $ 451.56 $ 292.46
Sep-16 $ 18,301.05 $ 96.05 $ 18,205.00 $ 7,166.50 $ 11,038.50 $ 10,389.18 $ 3,940.76 $ 644.71 $ 40.29 $ 6,448.42 $ 403.03 $ 246.30 $ 649.32 $ 362.73
Oct-16 $ 19,063.60 $ 213.60 $ 18,850.00 $ 7,120.00 $ 11,730.00 $ 11,040.00 $ 5,308.47 $ 611.77 $ 38.24 $ 5,731.53 $ 358.22 $ 331.78 $ 690.00 $ 319.99
Nov-16 $ 14,010.10 $ 2,200.00 $ 11,810.10 $ 4,714.04 $ 7,096.06 $ 6,678.64 $ 876.33 $ 2,494.21 $ 155.89 $ 5,802.31 $ 362.64 $ 54.77 $ 417.42 $ 206.76
Dec-16 $ 17,509.38 $ 74.38 $ 17,435.00 $ 6,904.00 $ 10,531.00 $ 9,911.53 $ 3,694.37 $ 607.06 $ 37.94 $ 6,217.16 $ 388.57 $ 230.90 $ 619.47 $ 350.63
$ 193,634.10 $ 4,849.37 $ 188,784.73 $ 89,349.84 $ 99,434.89 $ 93,585.78 $ 23,196.70 $ 4,357.75 $ 272.36 $ 43,719.03 $ 2,260.75 $ 1,449.79 $ 3,710.54 $ 1,927.37

June July Revenue Sales tax

OBS: $ 2,798.21 $ 6,316.98 $ 9,115.19 $ 569.70
Total $ 394.81
 2016

May Jun Jul Aug Sep

$ 250.68 $ 15.67 $ 824.00 $ 51.50$ 400.30 $ 25.02 $ 502.50 $ 31.41 $ 68.50
$ 348.80 $ 21.80 $ 692.50 $ 43.28$ 66.73 $ 4.17 $ 135.00 $ 8.44 $ 259.50
$ 276.72 $ 17.30$ 236.08 $ 14.75 $ 1,094.00 $ 68.38 $ 380.50
$ 813.28 $ 50.00$ 167.50 $ 10.47 $ 121.00 $ 7.56 $ 161.26
$ 359.00 $ 22.44$ 211.00 $ 13.19 $ 216.50 $ 13.53 $ 616.00
$ 252.00 $ 15.75 $ 217.40 $ 13.59 $ 979.00
$ 218.00 $ 13.63 $ 259.26 $ 16.20 $ 436.00
$ 90.00 $ 5.63 $ 1,040.00
$ 480.00 $ 30.00
$ 415.00 $ 25.94
$ 250.00 $ 15.63
$ 165.00 $ 10.31
$ 410.00 $ 25.63
$ 504.00 $ 31.50
$ 599.48 $ 37.47 $ 2,965.50 $ 184.52 $ 3,865.61 $ 241.62 $ 2,545.66 $ 159.11 $ 3,940.76
 Oct Nov Dec
$ 4.28 $ 1,116.44 $ 69.78 $ 224.00 $ 14.00 $ 515.00 $ 32.19
$ 16.22 $ 26.46 $ 1.65 $ 130.00 $ 8.13 $ 2,047.87 $ 127.99
$ 23.78 $ 103.25 $ 6.45 $ 150.00 $ 9.38 $ 320.00 $ 20.00
$ 10.08 $ 163.14 $ 10.19 $ 91.74 $ 5.73 $ 703.50 $ 43.97
$ 38.50 $ 160.00 $ 10.00 $ 134.99 $ 8.44 $ 108.00 $ 6.75
$ 61.19 $ 65.00 $ 4.06 $ 145.60 $ 9.10
$ 27.25 $ 754.78 $ 47.18
$ 65.00 $ 988.10 $ 61.76
$ 132.00 $ 8.25
$ 337.80 $ 21.65
$ 1,071.50 $ 66.96
$ 390.00 $ 24.38

$ 246.30 $ 5,308.47 $ 332.31 $ 876.33 $ 54.78 $ 3,694.37 $ 230.90

Total $ 23,796.18
 Total of
Material -Paid
Material to Vendor Total Sales Sales Tax
Revenue after Sales Charging Sales tax paid Calculated to
Bank Deposit Deduction Total Revenue Labor Materials Tax Tax online be paid
Jan-16 Jan-17 $ 7,265.00 $ 7,265.00 $ 3,005.00 $ 4,260.00 $ 4,009.41 $ 560.50 $ 503.53 $ 31.47 $ 2,945.38 $ 184.09 $ 35.03 $ 250.59 $ 184.09 *
Feb-16 Feb-17 $ 15,003.09 $ 551.09 $ 14,452.00 $ 6,688.80 $ 7,763.20 $ 7,306.54 $ 2,729.60 $ 1,168.92$ 73.06 $ 3,408.02 $ 213.00 $ 170.60 $ 456.66 $ 213.00 *
Mar-16 Mar-17 $ 15,608.73 $ 1,659.73 $ 13,949.00 $ 6,290.60 $ 7,658.40 $ 7,207.91 $ 1,637.66 $ - $ 5,570.25 $ 348.14 $ 102.35 $ 450.49 $ 348.14 Paid
Apr-16 Apr-17 $ 14,470.00 $ 605.00 $ 13,865.00 $ 6,428.00 $ 7,437.00 $ 6,999.53 $ 2,631.95 $ - $ 4,367.58 $ 272.97 $ 164.50 $ 437.47 $ 272.97 Paid
May-16 May-17 $ 10,990.15 $ 1,106.65 $ 9,883.50 $ 5,362.75 $ 4,520.75 $ 4,254.82 $ 217.50 $ - $ 4,037.32 $ 252.33 $ 13.59 $ 265.93 $ 252.33 Paid
Jun-16 Jun-17 $ 18,100.42 $ 1,026.42 $ 17,074.00 $ 8,182.20 $ 8,891.80 $ 8,368.75 $ - $ 8,368.75 $ 523.05 $ - $ 523.05 $ 523.05 Paid
Jul-16 Jul-17 $ 13,000.00 $ 1,250.00 $ 11,750.00 $ 5,401.25 $ 6,348.75 $ 5,975.29 $ - $ 5,975.29 $ 373.46 $ - $ 373.46 $ 373.46 Paid
Aug-16 Aug-17 $ 13,506.00 $ 1,000.00 $ 12,506.00 $ 5,768.10 $ 6,737.90 $ 6,341.55 $ - $ 6,341.55 $ 396.35 $ - $ 396.35 $ 396.35 Paid
Sep-16 Sep-17 $ 11,052.67 $ 204.67 $ 10,848.00 $ 5,432.00 $ 5,416.00 $ 5,097.41 $ - $ 5,097.41 $ 318.59 $ - $ 318.59 $ 318.59 Paid
Oct-16 Oct-17 $ 11,832.00 $ 1,000.00 $ 10,832.00 $ 4,629.90 $ 6,202.10 $ 5,837.27 $ - $ 5,837.27 $ 364.83 $ - $ 364.83 $ 364.83 Paid
Nov-16 Nov-17 $ - $ - $ - $ - $ - $ - $ - $ -
Dec-16 Dec-17 $ - $ - $ - $ - $ - $ - $ - $ -
$ 130,828.06 $ 8,403.56 $ 122,424.50 $ 57,188.60 $ 65,235.90 $ 61,398.49 $ 7,777.21 $ 1,672.45 $ 104.53 $ 51,948.83 $ 3,246.80 $ 486.08 $ 3,837.41 $ 3,246.80
 Jan Fev Mar April May
$ 186.00 $ 11.63 $ 366.00 $ 22.88 $ 221.00 $ 13.81 $ 71.75 $ 4.48 $ 217.50
$ 296.00 $ 18.50 $ 845.00 $ 52.81 $ 117.00 $ 7.31 $ 410.00 $ 25.63
$ 78.50 $ 4.91 $ 566.90 $ 35.43 $ 130.50 $ 8.16 $ 255.50 $ 15.97
$ 332.00 $ 20.75 $ 87.00 $ 5.44 $ 1,087.70 $ 67.98
$ 167.50 $ 10.47 $ 384.00 $ 24.00 $ 69.50 $ 43.53
$ 302.20 $ 18.91 $ 348.16 $ 20.48 $ 180.00 $ 11.25
$ 150.00 $ 9.38 $ 350.00 $ 21.88 $ 386.50 $ 24.16
$ 171.00 $ 10.69

$ 560.50 $ 35.04 $ 2,729.60 $ 170.63 $ 1,637.66 $ 101.08 $ 2,631.95 $ 203.69 $ 217.50

 Jun Jul Aug
$ 13.59 $ - $ -

$ 13.59 $ - $ - $ - $ - $ - $ -

Total $ 7,777.21