5.

4 Proforma Income Statement

BEAUTY QUEEN SALON AND SPA

PROFORMA INCOME STATEMENT

FOR PERIOD 3 YEARS

ITEM 1ST YEAR 2ND YEAR 3RD YEAR

Sales 3252000 3863000 3752000

Purchase 1301200 1545000 1500000

Grace 1951800 2318000 2252000

Expenses

Salaries 900000 900000 900000

Advertisement 65000 52000 41000

Rent 120000 120000 120000

Income 72000 72000 72000

Transport 96000 99700 99300

Telephone 267000 27800 22900

Electricity 175000 17300 16300

Water 13350 13300 13200

Miscellaneous 58000 48000 48000

Loans interest 4000

Total profit before 13685500 1350100 1336700

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