Lifering, Inc. Income Statement

For the Period of Jan 1 to May 26, 2000


======== Sales ========  
Sales  
Sales - Publications $ 877.00
Brochure Sales 110.00
Donations - Misc 158.95
Contributions - Service Center 1,210.91
Shipping Charges 88.19
   
Total Sales 2,445.05
   
==== Cost of Goods Sold ====  
Cost of Sales  
Books Sold/Issued 745.25
Freight Charges Paid - Books 60.72
   
Total Cost of Sales 805.97
   
Gross Margin 1,639.08
   
======= Expenses ======  
Operating Expenses  
Advertising - Books 107.82
Brochures- Service Center 770.85
Funding New Ventures- Service Center 51.00
Phone Expense 18.00
Office General - SCenter- Service Center 59.44
Sales Tax Expense 144.17
Bank adjustments (10.00)
   
Total Expenses 1,141.28
   
===== Other Income ====  
Other Income  
Interest Income 20.03
Income - Charity Partners 14.20
Investment Gains 12.00
   
Total Other Income 46.23
   
Net Income $ 544.03
   


Last Updated on 5/26/00
By Marjorie Jones