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Carlobos Jethro Company

Income Statement
For the Twelve Months Ending December 31, 2017

Current Month Year to Date

Revenues
Sales - Qube CCTV $ 4,048,599.80 100.00 $ 16,818,118.80 100.00
Purchase Discount 0.00 0.00 0.00 0.00

Total Revenues 4,048,599.80 100.00 16,818,118.80 100.00

Cost of Sales
Cost of Sales 2,891,857.00 71.43 12,012,942.00 71.43

Total Cost of Sales 2,891,857.00 71.43 12,012,942.00 71.43

Gross Profit 1,156,742.80 28.57 4,805,176.80 28.57

Expenses
Salaries and Wages 46,671.43 1.15 561,471.43 3.34
Rent Expenses 70,000.00 1.73 490,000.00 2.91
Advertising Supplies 0.00 0.00 10,200.00 0.06
Supplies Expense 3,420.72 0.08 3,420.72 0.02
Delivery Expenses 0.00 0.00 0.00 0.00
Insurance Expenses 400,000.00 9.88 400,000.00 2.38
Doubtful Accounts Expense 0.00 0.00 0.00 0.00
Depr. Exp. - F&F 723.14 0.02 8,677.71 0.05
Depr. Exp.- Computer Equipment 2,342.80 0.06 28,113.62 0.17
Depr. Exp.- Leasehold Improve 4,972.22 0.12 59,666.66 0.35
Utilities Expense 15,000.00 0.37 105,000.00 0.62
Packaging Supplies 0.00 0.00 6,000.00 0.04
Misc. Expenses 4,000.00 0.10 11,000.00 0.07

Total Expenses 547,130.31 13.51 1,683,550.14 10.01

Net Income $ 609,612.49 15.06 $ 3,121,626.66 18.56

For Management Purposes Only