UWU Café

Balance Sheet
Year 1 Year 2 Year 3
Assets
Cash 3,431,834 3,209,803 3,661,953
Inventory 1,478,657 1,645,789 2,289,564
Kitchen Equipment 2,012,340 2,230,260 2,560,810
Furniture 920,350 945,640 1,000,580

Total Assets 7,843,181 8,031,492 9,512,907

Liabilities
Notes Payable 705,667 705,667 705,667
Salaries, Wages 2,522,400 2,522,400 2,522,400
ERE 480,000 480,000 480,000
Advertising 130,000 120,000 120,000
Legal and Accounting 42,000 42,000 42,000
Rent 240,000 240,000 240,000
Utilities 660,000 660,000 660,000
Insurance 62,400 62,400 62,400
Taxes and Licenses 190,000 180,000 180,000
Supplies 480,000 480,000 480,000
Total Liabilities 5,512,467 5,492,467 5,492,467

Equity
Capital 2,000,000 2,000,000 2,000,000
Retained Earning 330,714 539,025 2,020,440
2,330,714
Total Liability and Equity 7,843,181 8,031,492 9,512,907
2,539,025 4,020,440