.

NET Retained Cash$54,921.25Optional Projects

.

NET Without Optional Projects$128,421.25$73,500.00201120122013Comments

.

Income/Expense

.

Income

.

4000 — Revenue

.

4010 — Freight$109,881.25$124,399.12$140,000.00

.

4020 — Miscellaneous

.

4021 — Commissions$0.00$337.50$0.00

.

4020 — Miscellaneous - Other$141,206.03$104,295.19$135,000.00

.

Total 4020 — Miscellaneous$141,206.03$104,632.69$135,000.00

.

4030 — Retail

.

4031 — Business Furniture$1,730,845.18$1,820,296.77$2,100,000.00

.

4032 — Home Furniture$36,475.00$49,130.00$35,000.00

.

Total 4030 — Retail$1,767,320.18$1,869,426.77$2,135,000.00

.

Total 4000 — Revenue$2,018,407.46$2,098,458.58$2,410,000.00

.

4090 — Sales Discounts-$13,045.80-$554.00-$1,000.00Cell I17 shows income increase from 2012

.

Total Income$2,005,361.66$2,097,904.58$2,409,000.0014.83%

.

Cost of Goods Sold

.

5000 — Cost of Goods Sold

.

5010 — Labor

.

50101 — Temporary Part-time Labor$0.00$2,649.41$0.00

.

5013 — Payroll Taxes - PDC$60,352.53$35,080.97$45,462.64From LaborEstimate2013, cell M14

.

5014 — IRA - Employee$8,712.10$5,746.06$6,303.66From LaborEstimate2013, cell I14

.

5016 — Gross Pay Employees$645,502.35$381,853.81$469,574.00From LaborEstimate2013, cell H14

.

5017 — Health Insurance

.

50171 — Office Health$0.00$25,380.25$21,700.64From LaborEstimate2013, cell N14

.

50172 — Prod/Fin Health$0.00$23,348.97$20,184.76From LaborEstimate2013, cell N24

.

5017 — Health Insurance - Other$32,284.30$0.00$0.00Moved to Accts. 50171 and 50172 in 2013

.

Total 5017 — Health Insurance$32,284.30$48,729.22$41,885.40Sum H25:H28

.

5019 — Office Production

.

50191 — Office Gross$0.00$242,808.43$296,001.25From LaborEstimate2013, cell H24

.

50192 — Office P/R Taxes PDC$0.00$20,848.85$27,819.00From LaborEstimate2013, cell M24

.

50193 — Office IRA - PDC$0.00$4,053.69$8,443.24From LaborEstimate2013, cell I24

.

Total 5019 — Office Production$0.00$267,710.97$332,263.49

.

Total 5010 — Labor$746,851.28$741,770.44$895,489.19Total Pay & Benefits, excludes Boss

.

5020 — Materials

.

5021 — Finish$51,552.95$54,538.68$62,626.15Material cost growth = I17

.

5022 — Glue$4,774.40$3,775.23$4,335.05

.

5023 — Hardware$19,811.26$62,379.98$71,630.22

.

5024 — Misc Materials$5,920.31$18,745.56$21,525.31

.

5025 — Plywood$80,268.37$76,965.17$88,378.23

.

5026 — Solid Woods$46,500.66$44,415.76$51,002.11

.

5027 — Upholstery$546.00$20.00$22.97

.

5028 — Veneers$93,606.16$94,710.56$108,755.06

.

5029 — Power/Data Units$45,133.20$80,393.06$92,314.44

.

5032 — Stone$212.00$3,509.56$4,029.99

.

5033 — Metal$3,672.31$2,700.52$3,100.98

.

5034 — Glass$681.32$5,347.58$6,140.57

.

Total 5020 — Materials$352,678.94$447,501.66$513,861.07

.

5040 — Purchases

.

5043 — Misc Purchases$0.00$164.78$164.78

.

5045 — Subcontracting$140.00$0.00$0.00

.

Total 5040 — Purchases$140.00$164.78$164.78

.

5050 — Shop Supplies

.

5051 — Misc Shop Supplies$57,073.23$38,824.62$44,581.87

.

5052 — Sandpaper$8,410.35$5,616.83$6,449.74

.

Total 5050 — Shop Supplies$65,483.58$44,441.45$51,031.61

.

5060 — Installation$27,958.68$26,910.00$26,910.00

.

Total 5000 — Cost of Goods Sold$1,193,112.48$1,260,788.33$1,487,456.66

.

5070 — Shipping

.

5071 — Delivery/Freight-OUT$65,269.59$58,879.42$64,767.36

.

5072 — Shipping supplies$19,130.07$24,689.59$27,158.55

.

6220 — Freight - IN$643.10$364.72$401.19

.

Total 5070 — Shipping$85,042.76$83,933.73$92,327.10

.

Total COGS$1,278,155.24$1,344,722.06$1,579,783.76

.

Gross Profit$727,206.42$753,182.52$829,216.24

.

Expense

.

6000 — Advertising & Marketing

.

6020 — Adv - Other$324.34$0.00$0.00

.

6030 — Adv - Web Site

.

6031 — On-line advertising$109,676.19$123,350.00$132,000.00

.

6032 — Web-site development$15,045.34$1,656.25$30,000.00

.

6033 — Web Hosting$300.00$300.00$300.00

.

Total 6030 — Adv - Web Site$125,021.53$125,306.25$162,300.00

.

6040 — Marketing

.

60402 — Marketing Software$0.00$899.10$1,440.00

.

60401 — Marketing Expenses - Gen$0.00-$611.07$0.00

.

Total 6040 — Marketing$0.00$288.03$1,440.00

.

6050 — Photography$200.00$0.00$0.00

.

Total 6000 — Advertising & Marketing$125,545.87$125,594.28$163,740.00

.

6100 — Automobile Expense

.

6110 — Fuel$6,217.89$7,366.33$7,500.00

.

6120 — Repairs & Maintenance$1,428.09$4,727.98$4,500.00

.

6130 — Tolls & Parking$1,067.44$1,788.75$1,800.00

.

6140 — Fines$187.95$189.00$150.00

.

6150 — Registration$327.00$571.10$571.00

.

6160 — Rental$1,538.79$2,894.50$3,000.00

.

Total 6100 — Automobile Expense$10,767.16$17,537.66$17,521.00

.

6200 — Costs - Other Misc

.

6210 — Equipment Rental$7,982.05$7,884.38$7,900.00

.

6240 — Outside Services$5,710.38$6,035.96$6,000.00

.

6260 — Tools$10,465.94$10,323.10$10,500.00

.

6270 — Keys$24.27$0.00$50.00

.

6280 — Repair parts - shop machinery$3,881.12$1,078.15$1,500.00

.

6290 — Expensed Equipment$0.00$6,898.09$6,000.00

.

Total 6200 — Costs - Other Misc$28,063.76$32,219.68$31,950.00

.

6300 — Depreciation Expense

.

6301 — Computer Depr Exp$7,387.55$0.00$0.00

.

6303 — Leasehold Impr Depr Exp$473.00$0.00$0.00

.

6304 — Mach & Equip Depr Exp$37,626.00$0.00$30,000.00

.

Total 6300 — Depreciation Expense$45,486.55$0.00$30,000.00

.

6350 — Employee Benefits

.

6358 — Dental Insurance$3,821.28$7,105.38$0.00

.

Total 6350 — Employee Benefits$3,821.28$7,105.38$0.00

.

6400 — General & Administrative

.

6410 — Bad Debts - Write-off$0.00$7,447.00$0.00

.

6420 — Bank Adjustments$0.00$0.32$0.32

.

6421 — Returned Check$0.00$30,242.00$0.00

.

6430 — Bank Service Charges$80.00$291.00$291.00

.

6450 — Cash Discounts-$143.08-$3,703.00$0.00

.

6451 — ST Adjustments-$214.57$1.98$0.00

.

6470 — Contributions$1,445.00$786.00$1,500.00

.

6480 — Dues and Subscriptions$60.99$3,297.74$3,500.00

.

6485 — Gifts$800.00$39.74$50.00

.

6500 — Licenses and Permits$0.00$40.00$40.00

.

6520 — CC Merchant Services$18,483.27$23,567.67$20,000.00

.

6525 — CC Finance Charge$493.44$1,617.20$0.00

.

6530 — Hiring Exp - Ads, Mov, Bkgrd$0.00$173.60$250.00

.

6540 — OH Payroll

.

6544 — Paychex Charges$4,704.63$4,738.75$4,800.00

.

6545 — Mgmt. Payroll

.

65451 — Mgmt. Gross Pay$214,977.89$53,073.32$144,540.00Boss Pay (Salary)

.

65452 — Mgmt. P/R taxes $11,647.81$4,060.09$11,057.31

.

65453 — Mgmt. IRA $6,449.36$1,592.19$4,336.20

.

65454 — Mgmt. Health$13,605.60$11,655.12$13,075.00

.

Total 6545 — Mgmt. Payroll$246,680.66$70,380.72$173,008.51

.

Total 6540 — OH Payroll$251,385.29$75,119.47$177,808.51

.

6550 — Unknown -- temporary account$0.00$0.00$0.00

.

6560 — Cust Deposit Adj.-$193.56$0.00$0.00

.

6570 — CC Terminal Machine Charge$0.00$490.04$100.00

.

6580 — CC Test$0.00$50.00$0.00

.

Total 6400 — General & Administrative$272,196.78$139,460.76$203,539.83

.

6600 — Insurance

.

6610 — Auto & Truck Insurance$1,713.60$1,816.00$1,798.00

.

6640 — Life Insurance$1,140.00$4,028.00$4,028.00

.

6650 — Liability Insurance Ultraflex$2,482.00$3,221.88$3,500.00

.

6660 — Workman's Compensation$12,114.00$9,399.00$10,600.00

.

Total 6600 — Insurance$17,449.60$18,464.88$19,926.00

.

6700 — Interest Expense

.

6720 — Loan Interest - Sovereign$77.74$0.00$0.00

.

6730 — Loan Interest - Downs

.

67301 — Interest Partner 1$0.00$7,448.28$7,448.28

.

67302 — Interest Partner 2$0.00$3,724.20$3,724.20

.

67303 — Interest Partner 3$0.00$35,484.02$38,709.84

.

6730 — Loan Interest Partner 4$11,172.48$0.00$0.00

.

Total 6730 — Loan Interest $11,172.48$46,656.50$49,882.32

.

Total 6700 — Interest Expense$11,250.22$46,656.50$49,882.32

.

6800 — Office

.

6810 — Computer & Office Equipment

.

6811 — Hardware$0.00$3,657.83$3,500.00

.

6812 — Misc Computer Supplies$1,397.58$3,515.09$2,000.00

.

6813 — Software$3,397.08$2,291.52$2,500.00

.

6814 — DSL & Wireless Travel$448.99$0.00$0.00

.

6817 — Internet Service$1,138.68$1,467.84$1,500.00

.

6818 — Tech Support$1,178.00$3,906.96$4,000.00

.

Total 6810 — Computer & Office Equipment$7,560.33$14,839.24$13,500.00

.

6820 — Office Furnishings$360.00$3,125.59$1,000.00

.

6830 — Office Supplies$6,527.63$6,063.48$6,200.00

.

6840 — Postage/PP/FEDEX$3,116.36$5,554.80$5,600.00

.

6850 — Credit Rating$1,330.42$0.00$0.00

.

Total 6800 — Office$18,894.74$29,583.11$26,300.00

.

6900 — Professional Fees

.

6940 — Other Professional Fees (Vistage)$2,500.80$10,390.80$11,570.00

.

6910 — Accounting$3,100.00$2,000.00$3,100.00

.

6930 — Legal Fees$876.14$0.00$0.00

.

Total 6900 — Professional Fees$6,476.94$12,390.80$14,670.00

.

7000 — Rent

.

7010 — Old Shop$0.00$2,563.33$0.00

.

7020 — Current Shop$113,590.54$115,700.04$115,700.04

.

7030 — Old Shop 2$0.00$2,350.00$0.00

.

Total 7000 — Rent$113,590.54$120,613.37$115,700.04

.

7100 — Repairs & Maintenance

.

7061 — Occasional Labor$19,724.25$14,085.50$2,500.00

.

7120 — Building Maintenance$1,947.16$1,615.50$2,000.00

.

7130 — Building Repairs$4,528.24$4,289.65$4,500.00

.

7150 — Equipment Repairs & Maintenance$5,165.80$1,881.06$2,500.00

.

Total 7100 — Repairs & Maintenance$31,365.45$21,871.71$11,500.00

.

7300 — Taxes

.

7360 — State$2,555.00$1,688.00$1,688.00

.

7370 — Use Tax$115.20$85.80$85.80

.

Total 7300 — Taxes$2,670.20$1,773.80$1,773.80

.

7400 — Telephone

.

7401 — Verizon$4,109.18$4,482.94$4,480.00

.

7402 — Verizon Wireless$2,112.42$4,592.66$4,600.00

.

7403 — Telephone Equipment$3,547.99$0.00$0.00

.

7405 — Internet/Telephone Travel$0.00$11.36$12.00

.

Total 7400 — Telephone$9,769.59$9,086.96$9,092.00

.

7420 — Training$0.00$22,647.08$24,000.00

.

7450 — Travel & Ent

.

7452 — Meals$1,550.90$2,697.53$2,200.00

.

7453 — Travel$6,880.84$11,691.35$9,000.00

.

Total 7450 — Travel & Ent$8,431.74$14,388.88$11,200.00

.

7500 — Utilities

.

7520 — Current Shop

.

7521 — Current Shop$43,594.75$32,728.48$37,000.00

.

7522 — Current Shop$6,580.65$6,454.91$6,500.00

.

Total 7520 — Current Shop$50,175.40$39,183.39$43,500.00

.

Total 7500 — Utilities$50,175.40$39,183.39$43,500.00

.

Total Expense$755,955.82$658,578.24$774,294.99

.

Net Ordinary Income-$28,749.40$94,604.28$54,921.25

.

.

Other Income

.

8000 — Other Income$0.00$2.59$0.00

.

Total Other Income$0.00$2.59$0.00

.

Net Other Income$0.00$2.59$0.00

.

Net Income-$28,749.40$94,606.87$54,921.25Total Cash Left Over

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.

.