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PROF IT AND LOSS STATEMENT

FOR THE YEAR ENDING DECEMBER 31,1945

123

REVENUE

TOTAL

Sales 599911.93

Cost of Sales 558123.00

Gross Profit

41788.93

OTHER IMC CLE

Miscellaneous Income,

Shop Labor Sales

Timer Sale3 MarVut...

Gross Inccne

754.32

660.90

4367.20 5782. 42

47571.35

OPERATING EXPENSES

Advertising

Commissions to Managers ,

Car Expenses .

Depreciation* .

G^nerwl Ex: ense^.. .......

Insurance

In + er* rt & Ban Charges

Legal & Audi tin-

Motor Vehicle Dept. Expenses. #t

Mechanics S lpries.

Office Ex cnsrt

Of i ice Salaries

Salessans Salaries..

Rent

Rerairs S Maintenance,.,.,

1 Y er

Taxes a Licenses*.

h

Utilities

Lone

Discounts Allowed

M

Gas & 013

Poc tags '

Trave rt ,,..... .

Comrdssions Paid - Outr.L'.e.. ,.,

Total Oper

Net Profit i

397.38

9574.04

480,80

229.59

536.45

1893.34

811.96

2182.01

986,29

2797.74

422.17

1285.00

41?4.80

2900.00

507.13

342.65

238.05

756.28

33?.96

25.00

12.50

3.93

251.98

5.58

2810.99

620.00

:' r 52?.52

tiffs' . .)

,TANT

RNIA

I

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