DIVINE BOOKS
Income Statement
Revenue
Cost of Goods
Gross Profit
G&A Overhead
Owner's Salary
Net Profit
$375,000
-50,000
325,000
-250,000
-50,000
$25,000
Recast Profit
Net Profit
Excess Salary
Amort. & Deprec.
Other Perks
Income to Buyer
$25,000
+ 10,000
+ 8,000
+ 7,000
$50,000
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