Lifering, Inc. Income Statement

For the Period of Jan 1 to December 31, 2001


======== Sales ========  
Sales  
Sales - Publications $    15,077.50
Brochure Sales 294.50
Sales - Misc, non Book 18.00
Shipping Charges 1,016.00
Total Sales $   16,406.00
Contributions - Service Center 3,294.45
Contributions - Conventions 2,503.45
Special Donations - Congress 1,165.35
Donations - Misc 1,923.60
Total Donations/Contributions $   8,886.40
   
Total Receipts $   25,292.40
   
==== Cost of Goods Sold ====  
Cost of Sales  
Books Sold/Issued $    8,116.46
Complimentary Copies - General 2,740.98
Complimentary Copies - Conventions 400.00
Freight Charges Paid - Books 2,234.99
   
Total Book Cost of Sales $   13,492.43
Registration Fees - Conventions 1,725.00
Brochures - Service Center 1,348.75
Total Non-Book Cost of Sales $   3,073.75
                       Total Cost of Sales $   16,566.18
   
Gross Margin $   8,726.22
   
======= Expenses ======  
Advertising - Service Center $       277.65
Funding New Ventures- Service Center 143.00
Publications - Corp Expense 205.42
Prior Year's AR Write off 312.61
Website Maintenance Fee 196.00
Office General - Service Center 444.49
Office General - General 58.99
Sales Tax Expense 39.00
Miscellaneous Expense 55.00
Bank Charges 152.52
   
Total Expenses $   1,884.58
   
===== Other Income ====  
Interest Income $         72.52
Income - Charity Partners 46.00
Investment Losses (640.80)
   
Total Other Income $   (522.22)
   
Net Income $   6,319.32
   


Last Updated on 01/27/2002
By Marjorie Jones