BARACK HOME RENTAL

INCOME STATEMENT
FOR THE PERIOD 31 OCTOBER 2022
       
  2022
  REVENUE    
  PROPERTY FOR RENTAL   $1,108,360
  TOTAL INCOME   $1,108,360
       
  EXPENSES    
  ELECTRICITY $96,940  
WATER $24,500
GARBAGE DISPOSAL $20,000
MAINTENANCE $104,360
INTERNET $83,000
TRANSPORTATION $62,520
DETERGENT $77,040
LAUNDRY $106,000
EMPLOYEES $240,000
DEPRECIATION $60,000
  TOTAL EXPENDITURE   $874,360
  NET PROFIT   $234,000

THE FINANCIAL STATEMENTS REFLECT THE INCOME AND EXPENDITURE OF

BARACK HOME RENTAL AND ARE BASED ON INFORMATION PROVIDED BY MR.
KEVIN HOPE

____________________________
MR. KEVIN HOPE

BARACK HOME RENTAL

 BALANCE SHEET
AS AT 31 OCTOBER 2022

    2022
       
ASSETS    
  Fixed Assets    
  Assets $7,900,000  
Less: Accumulated depreciation $180,000
  Total Fixed Assets $7,720,000
Current Assets    
  Cash  $71,000
  Total Current Assets   $71,000
Total Assets $7,791,000
       
LIABILITIES AND EQUITY    
       
Current Liabilities    
  Short Term Portion of Loan   $0
  Total Current Liabilities   $0
       
Long-Term Liabilities    
  Long-term loan payable   $0
  Total Long-Term Liabilities   $0
  Total Liabilities   $0
       
Stockholders' Equity    
  Investment capital   $7,557,000
  Current net profit (loss)   $234,000
  Total Capital   $7,791,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $7,791,000

___________________________
MR. KEVIN HOPE