Income Statement

Outflows
National Exchange Partner Costs (Gawad
Kalinga) 30,000.00
ER Seminar Costs 4,000.00
Communication Costs 150.00
Notarization Costs 456.00
Facilitation Expense 349,000.00
BIR Receipts Printing Costs 10,000.00
Alumni Homecoming Contribution Costs 20,000.00
Travel Costs (MC) 439,766.59
Office Rent Expense 34,830.00
Conference Costs 10,000.00
General & Administrative Expenses 5,006.75
Withholding Tax Expense 1,612.50
LC Support Expense 71,412.60
Miscellaneous Expense 5,150.00
Office Utilities - Electricity 3,885.16
TOTAL 985,269.60

Inflows
Sponsorship 120,000.00
LC Fees 474,870.00
Book Project 15,000.00
National Exchange Partners 35,000.00
OGX 275,000.00
ICX 44,400.00
AI Subsidies 94,825.21
TOTAL 1,059,095.21

END 73,825.61