MKH Vinegar Manufacturing Enterprise Forecasted Income Statement As of December 31, 2014

Revenue Sales Less: Cost of Good Sold Inventory-Beg. Plus: Purchases Goods available for sale Less:Inventory-End Gross Profit Operating expenses Advertisement Gas and Lubricants Utilities Expense Supplies expense Repairs and maintenance Salaries expense Employee's benefits Depreciation expense Bad debts expense Earnings before income tax Less: Income tax Net Income After Tax Less: 1,161,360.00 68,970.00 705,755.00 774,725.00 85,167.50

689,557.50 471,802.50

43,551.00 29,034.00 21,775.50 17,420.40 18,872.10 203,238.00 14,517.00 3,125.00 23,227.20

374,760.20 97,042.30 33,964.81 63,077.50

MKH Vinegar Manufacturing Enterprise Statement of Changes in Owner's Equity As of December 31, 2014

Hatori, Capital-Jan.1 Add: Net Income 63,077.50 Additional Investment Total Less:Hatori, Withdrawals Hatori, Capital-Dec.31

57,716.69 63,077.50 120,794.19 120,794.19

MKH Vinegar Manufacturing Enterprise Statement of Financial Position For the Year Ended December 31, 2014

Current Assets Cash Accounts Recievable Allowance for uncollectible accounts Non-Current Assets Furniture and Fixtures Accumulated depreciation - F&F Tricycle Accumulated depreciation - Tricycle Building Accumulated depreciation - BLDG. Land Inventory TOTAL ASSETS LIABILITIES AND OWNER'S EQUITY Liabilities Accounts Payable Accrued Income Tax Owner's Equity Hatori, Capital-Dec.31 TOTAL LIABILITIES AND OWNER'S EQUITY

60,670.94 116,136.00 (23,227.20) 92,908.80

25,000.00 (3,125.00) -

21,875.00 85,167.50 260,622.24

105,863.25 33,964.81

139,828.06

120,794.19 260,622.24