MJC Financial Services

Income Statement
For Period Ended 03/30/2017
Monthly Monthly Yearly Yearly
Amount Percent Amount Percent
Operating Revenue

Service Revenue 142,000.00 100.00 142,000.00 100.00

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Total Operating Revenue 142,000.00 100.00 142,000.00 100.00

Operating Expenses

Advertising Expense 2,000.00 1.41 2,000.00 1.41

Insurance Expense 442.00 0.31 442.00 0.31
Taxes and Licenses 5,000.00 3.52 5,000.00 3.52
Salary Exp. -- Admin. 70,000.00 49.30 70,000.00 49.30
Office Supplies Expense 1,700.00 1.20 1,700.00 1.20
Miscellaneous Expense 900.00 0.63 900.00 0.63
Rent Expense 5,000.00 3.52 5,000.00 3.52
Utilities Expense 6,000.00 4.23 6,000.00 4.23
Gas and Oil 3,000.00 2.11 3,000.00 2.11
Equip. Repair Expense 1,500.00 1.06 1,500.00 1.06
------------- --------------- ------------- ------------
Total Operating Expense 95,542.00 67.29 95,542.00 67.29
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Net Income 46,458.00 32.71 46,458.00 32.71
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MJC Financial Services

Balance Sheet
03/30/2017

Asset

Cash 183,900.00
Accounts Receivable 10,000.00
Office Supplies 1,500.00
Prepaid Insurance 23,558.00
Prepaid Rent 10,000.00
Equipment -- Office 32,500.00
Computer Equipment 50,000.00
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Total Assets 311,458.00
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Liabilites

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Total Liabilities

Owner's Equity

XXXX, Capital 300,000.00

XXXX, Drawings -35,000.00
Net Income 46,458.00
-------------
Total Owner's Equity 311,458.00
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Total Liabilities & Equity 311,458.00