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PROJECTED INCOME STATEMENTS ...

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Accounting

PROJECTED INCOME STATEMENTS
Common Sized
2020 2021 2022 2020 2021 2022
Revenue $ 1,086,000 $ 1,204,000 $ 1,395,000
Cost of Goods Sold 271,500 301,000 348,750
Gross Margin 814,500 903,000 1,046,250
Operating expneses
Selling Expenses 32,000 37,000 45,000
General & Administrative Expenses 63,500 81,500 98,500
Depreciation Expense 320 111 146
Total Operating Expenses 95,820 118,611 143,646
Income from Operations 718,680 784,389 902,604

Please add calculation for Common Sized on the projected income statement.

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