OPTICAL DISTORTION INC

ODI Cost Structure

Variable cost per pair of Lense
Manufacturing
Injection Molds
Box Costs
Total VC

0.032
0.0008
0.00168
0.03448

Fixed Cost (Year 1 California Only)

Payment to New World (License)
Reg Office & Warehouse
Salesman

25000
196,000
280000

Technical Rep
Adv & PR
Trade Shows
Head Quarter Expense
Total FC

70000
100000
100000
184000
955000

Sales
Profit

1,599,347.20
-44,971.44
No.of chickens (Total Market)
In california

No. of chickens in the region (20000 or above)

Penetration (50%) in 1974

39983680
19991840

PTICAL DISTORTION INC

ket)

References /Assumptions
No of. Sales and Tech Reps
Page 2, para 5, line 5
Page 2, para 5, line 5
Page 7, footnote 3

References
Page 2, para 5, line 3
Page 7, Table B
Page 6, para 2, line 4
Page 6, para 2, line 4
Page 7, para 2, line 5
Page 7, para 2, line 5
Page 7, para 2, line 7

Formula
SP* Units Sold
Sales-(FC+VC)

Sales Rep
Technical Rep

Total no of farms = (320+117+87) = 520, with penetration at 50%, Salary of sales

rep= 520/(80*2)*40000
One tech rep for 5 sales rep

No of. Sales and Tech Reps

Low
7 Page 6, para 2, line 4
2 Page 6, para 2, line 4

17+87) = 520, with penetration at 50%, Salary of sales

Gross Savings
Annual benift to farmer
Lenses vs Debeaking

Debeaking

ODI

Savings per Bird per Year

Bird Mortality

$0.235

$0.117

$0.117

Feeds

$0.076

$0.000

$0.076

Egg laying trauma

$0.088

$0.000

$0.088

Labor

$0.034

$0.033

$0.001

Total Saving

$0.434

$0.151

$0.283

Gross Savings
References/ Assumptions

Formula

Pg 5 Para 1,5
Pg 11, Exhibit 5

Mortality Rate * Cost of replacing a hen

Pg 6, Para 3

Pounds saved per day for 20,000 birds*Tons saved*Cost saved;

1pound = 0.453kg

Pg 5, Para 1
Exhibit 5
Pg 5, Para 2;
Pg 6, Para 1

2 Eggs lost per year * Cost per egg

No. of persons * wage/ no. of birds

Farmer Savings at Various Prices per Pair Lens

Gross Savings

Lens Price
$0.283
$0.283
$0.283
$0.283
$0.283

Net Savings
$0.080
$0.100
$0.120
$0.150
$0.200

Total no. of chickens

$0.203
$0.183
$0.163
$0.133
$0.083

39,983,680

Fixed costs

955,000.00

Unit Sales and California Market Share needed by ODI

Lens Price

VC
$0.080
$0.100
$0.120
$0.150
$0.200

$0.034
$0.034
$0.034
$0.034
$0.034

Net Contribution
$0.046
$0.066
$0.086
$0.116
$0.166

Annual Savings by Farm Size (# of Chickens)

20K
50K
$4,059.10
$10,147.76
$3,659.10
$9,147.76
$3,259.10
$8,147.76
$2,659.10
$6,647.76
$1,659.10
$4,147.76

100K
$20,295.51
$18,295.51
$16,295.51
$13,295.51
$8,295.51

(From Cost Structure sheet)

FC/Contribution
Fixed Cost

BE/Total Mkt
Fixed Cost

Sales for BE
Mkt Share
20979789
14575702
11166978
8266967
5769696

52%
36%
28%
21%
14%

(FC+Profit)/Contribution
Fixed Cost

BE/Total Mkt
Fixed Cost

Sales for $ 200K Profit

Market Share
25373462
63%
17628205
44%
13505613
34%
9998269
25%
6978009
17%

Prices
Trial Rate Penetration Repeat
Contribution Trial
$0.080
5%
25%
40%
$0.046
$0.100
10%
30%
50%
$0.066
$0.120
15%
40%
60%
$0.086
$0.150
20%
50%
70%
$0.116
$0.200
25%
60%
80%
$0.166
70%
-$0.034
80%
-$0.034

Variable Cost
No. of Birds

0.03448
39983680
Year 1
Year 2
Total
22750.71 182005.7 204756.4

Prices Trial Rate Penetration Repeat Year 1 Revenue Year 2 Revenue Total Revenue
$0.080
5%
25%
40%
$22,750.71
$182,005.71
$204,756.43
$0.080
5%
30%
40%
$27,300.86
$218,406.85
$245,707.71
$0.080
5%
40%
40%
$36,401.14
$291,209.14
$327,610.28
$0.080
5%
50%
40%
$45,501.43
$364,011.42
$409,512.85
$0.080
5%
60%
40%
$54,601.71
$436,813.71
$491,415.42
$0.080
5%
25%
50%
$22,750.71
$227,507.14
$250,257.85
$0.080
5%
30%
50%
$27,300.86
$273,008.57
$300,309.42
$0.080
5%
40%
50%
$36,401.14
$364,011.42
$400,412.56
$0.080
5%
50%
50%
$45,501.43
$455,014.28
$500,515.71
$0.080
5%
60%
50%
$54,601.71
$546,017.13
$600,618.85
$0.080
5%
25%
60%
$22,750.71
$273,008.57
$295,759.28
$0.080
5%
30%
60%
$27,300.86
$327,610.28
$354,911.14
$0.080
5%
40%
60%
$36,401.14
$436,813.71
$473,214.85
$0.080
5%
50%
60%
$45,501.43
$546,017.13
$591,518.56
$0.080
5%
60%
60%
$54,601.71
$655,220.56
$709,822.27
$0.080
5%
25%
70%
$22,750.71
$318,509.99
$341,260.71
$0.080
5%
30%
70%
$27,300.86
$382,211.99
$409,512.85
$0.080
5%
40%
70%
$36,401.14
$509,615.99
$546,017.13
$0.080
5%
50%
70%
$45,501.43
$637,019.99
$682,521.42
$0.080
5%
60%
70%
$54,601.71
$764,423.99
$819,025.70
$0.080
5%
25%
80%
$22,750.71
$364,011.42
$386,762.14
$0.080
5%
30%
80%
$27,300.86
$436,813.71
$464,114.56
$0.080
5%
40%
80%
$36,401.14
$582,418.28
$618,819.42
$0.080
5%
50%
80%
$45,501.43
$728,022.85
$773,524.27
$0.080
5%
60%
80%
$54,601.71
$873,627.41
$928,229.13
$0.080
10%
25%
40%
$45,501.43
$182,005.71
$227,507.14
$0.080
10%
30%
40%
$54,601.71
$218,406.85
$273,008.57
$0.080
10%
40%
40%
$72,802.28
$291,209.14
$364,011.42
$0.080
10%
50%
40%
$91,002.86
$364,011.42
$455,014.28
$0.080
10%
60%
40%
$109,203.43
$436,813.71
$546,017.13
$0.080
10%
25%
50%
$45,501.43
$227,507.14
$273,008.57
$0.080
10%
30%
50%
$54,601.71
$273,008.57
$327,610.28
$0.080
10%
40%
50%
$72,802.28
$364,011.42
$436,813.71
$0.080
10%
50%
50%
$91,002.86
$455,014.28
$546,017.13
$0.080
10%
60%
50%
$109,203.43
$546,017.13
$655,220.56
$0.080
10%
25%
60%
$45,501.43
$273,008.57
$318,509.99
$0.080
10%
30%
60%
$54,601.71
$327,610.28
$382,211.99
$0.080
10%
40%
60%
$72,802.28
$436,813.71
$509,615.99
$0.080
10%
50%
60%
$91,002.86
$546,017.13
$637,019.99
$0.080
10%
60%
60%
$109,203.43
$655,220.56
$764,423.99

$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080

10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%

25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%

70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%

$45,501.43
$54,601.71
$72,802.28
$91,002.86
$109,203.43
$45,501.43
$54,601.71
$72,802.28
$91,002.86
$109,203.43
$68,252.14
$81,902.57
$109,203.43
$136,504.28
$163,805.14
$68,252.14
$81,902.57
$109,203.43
$136,504.28
$163,805.14
$68,252.14
$81,902.57
$109,203.43
$136,504.28
$163,805.14
$68,252.14
$81,902.57
$109,203.43
$136,504.28
$163,805.14
$68,252.14
$81,902.57
$109,203.43
$136,504.28
$163,805.14
$91,002.86
$109,203.43
$145,604.57
$182,005.71
$218,406.85
$91,002.86
$109,203.43
$145,604.57
$182,005.71
$218,406.85
$91,002.86
$109,203.43

$318,509.99
$382,211.99
$509,615.99
$637,019.99
$764,423.99
$364,011.42
$436,813.71
$582,418.28
$728,022.85
$873,627.41
$182,005.71
$218,406.85
$291,209.14
$364,011.42
$436,813.71
$227,507.14
$273,008.57
$364,011.42
$455,014.28
$546,017.13
$273,008.57
$327,610.28
$436,813.71
$546,017.13
$655,220.56
$318,509.99
$382,211.99
$509,615.99
$637,019.99
$764,423.99
$364,011.42
$436,813.71
$582,418.28
$728,022.85
$873,627.41
$182,005.71
$218,406.85
$291,209.14
$364,011.42
$436,813.71
$227,507.14
$273,008.57
$364,011.42
$455,014.28
$546,017.13
$273,008.57
$327,610.28

$364,011.42
$436,813.71
$582,418.28
$728,022.85
$873,627.41
$409,512.85
$491,415.42
$655,220.56
$819,025.70
$982,830.84
$250,257.85
$300,309.42
$400,412.56
$500,515.71
$600,618.85
$295,759.28
$354,911.14
$473,214.85
$591,518.56
$709,822.27
$341,260.71
$409,512.85
$546,017.13
$682,521.42
$819,025.70
$386,762.14
$464,114.56
$618,819.42
$773,524.27
$928,229.13
$432,263.56
$518,716.28
$691,621.70
$864,527.13
$1,037,432.55
$273,008.57
$327,610.28
$436,813.71
$546,017.13
$655,220.56
$318,509.99
$382,211.99
$509,615.99
$637,019.99
$764,423.99
$364,011.42
$436,813.71

$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.080
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100

20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
5%
5%
5%
5%
5%
5%
5%
5%
5%

40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%

60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%

$145,604.57
$182,005.71
$218,406.85
$91,002.86
$109,203.43
$145,604.57
$182,005.71
$218,406.85
$91,002.86
$109,203.43
$145,604.57
$182,005.71
$218,406.85
$113,753.57
$136,504.28
$182,005.71
$227,507.14
$273,008.57
$113,753.57
$136,504.28
$182,005.71
$227,507.14
$273,008.57
$113,753.57
$136,504.28
$182,005.71
$227,507.14
$273,008.57
$113,753.57
$136,504.28
$182,005.71
$227,507.14
$273,008.57
$113,753.57
$136,504.28
$182,005.71
$227,507.14
$273,008.57
$32,746.63
$39,295.96
$52,394.61
$65,493.27
$78,591.92
$32,746.63
$39,295.96
$52,394.61
$65,493.27

$436,813.71
$546,017.13
$655,220.56
$318,509.99
$382,211.99
$509,615.99
$637,019.99
$764,423.99
$364,011.42
$436,813.71
$582,418.28
$728,022.85
$873,627.41
$182,005.71
$218,406.85
$291,209.14
$364,011.42
$436,813.71
$227,507.14
$273,008.57
$364,011.42
$455,014.28
$546,017.13
$273,008.57
$327,610.28
$436,813.71
$546,017.13
$655,220.56
$318,509.99
$382,211.99
$509,615.99
$637,019.99
$764,423.99
$364,011.42
$436,813.71
$582,418.28
$728,022.85
$873,627.41
$261,973.07
$314,367.69
$419,156.91
$523,946.14
$628,735.37
$327,466.34
$392,959.61
$523,946.14
$654,932.68

$582,418.28
$728,022.85
$873,627.41
$409,512.85
$491,415.42
$655,220.56
$819,025.70
$982,830.84
$455,014.28
$546,017.13
$728,022.85
$910,028.56
$1,092,034.27
$295,759.28
$354,911.14
$473,214.85
$591,518.56
$709,822.27
$341,260.71
$409,512.85
$546,017.13
$682,521.42
$819,025.70
$386,762.14
$464,114.56
$618,819.42
$773,524.27
$928,229.13
$432,263.56
$518,716.28
$691,621.70
$864,527.13
$1,037,432.55
$477,764.99
$573,317.99
$764,423.99
$955,529.98
$1,146,635.98
$294,719.71
$353,663.65
$471,551.53
$589,439.41
$707,327.29
$360,212.97
$432,255.57
$576,340.76
$720,425.95

$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100

5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
15%
15%
15%
15%
15%
15%

60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%

50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%

$78,591.92
$32,746.63
$39,295.96
$52,394.61
$65,493.27
$78,591.92
$32,746.63
$39,295.96
$52,394.61
$65,493.27
$78,591.92
$32,746.63
$39,295.96
$52,394.61
$65,493.27
$78,591.92
$65,493.27
$78,591.92
$104,789.23
$130,986.54
$157,183.84
$65,493.27
$78,591.92
$104,789.23
$130,986.54
$157,183.84
$65,493.27
$78,591.92
$104,789.23
$130,986.54
$157,183.84
$65,493.27
$78,591.92
$104,789.23
$130,986.54
$157,183.84
$65,493.27
$78,591.92
$104,789.23
$130,986.54
$157,183.84
$98,239.90
$117,887.88
$157,183.84
$196,479.80
$235,775.76
$98,239.90

$785,919.21
$392,959.61
$471,551.53
$628,735.37
$785,919.21
$943,103.06
$458,452.87
$550,143.45
$733,524.60
$916,905.75
$1,100,286.90
$523,946.14
$628,735.37
$838,313.83
$1,047,892.29
$1,257,470.74
$261,973.07
$314,367.69
$419,156.91
$523,946.14
$628,735.37
$327,466.34
$392,959.61
$523,946.14
$654,932.68
$785,919.21
$392,959.61
$471,551.53
$628,735.37
$785,919.21
$943,103.06
$458,452.87
$550,143.45
$733,524.60
$916,905.75
$1,100,286.90
$523,946.14
$628,735.37
$838,313.83
$1,047,892.29
$1,257,470.74
$261,973.07
$314,367.69
$419,156.91
$523,946.14
$628,735.37
$327,466.34

$864,511.14
$425,706.24
$510,847.49
$681,129.99
$851,412.48
$1,021,694.98
$491,199.51
$589,439.41
$785,919.21
$982,399.02
$1,178,878.82
$556,692.78
$668,031.33
$890,708.44
$1,113,385.55
$1,336,062.66
$327,466.34
$392,959.61
$523,946.14
$654,932.68
$785,919.21
$392,959.61
$471,551.53
$628,735.37
$785,919.21
$943,103.06
$458,452.87
$550,143.45
$733,524.60
$916,905.75
$1,100,286.90
$523,946.14
$628,735.37
$838,313.83
$1,047,892.29
$1,257,470.74
$589,439.41
$707,327.29
$943,103.06
$1,178,878.82
$1,414,654.59
$360,212.97
$432,255.57
$576,340.76
$720,425.95
$864,511.14
$425,706.24

$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100

15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
25%
25%
25%

30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%

50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%

$117,887.88
$157,183.84
$196,479.80
$235,775.76
$98,239.90
$117,887.88
$157,183.84
$196,479.80
$235,775.76
$98,239.90
$117,887.88
$157,183.84
$196,479.80
$235,775.76
$98,239.90
$117,887.88
$157,183.84
$196,479.80
$235,775.76
$130,986.54
$157,183.84
$209,578.46
$261,973.07
$314,367.69
$130,986.54
$157,183.84
$209,578.46
$261,973.07
$314,367.69
$130,986.54
$157,183.84
$209,578.46
$261,973.07
$314,367.69
$130,986.54
$157,183.84
$209,578.46
$261,973.07
$314,367.69
$130,986.54
$157,183.84
$209,578.46
$261,973.07
$314,367.69
$163,733.17
$196,479.80
$261,973.07

$392,959.61
$523,946.14
$654,932.68
$785,919.21
$392,959.61
$471,551.53
$628,735.37
$785,919.21
$943,103.06
$458,452.87
$550,143.45
$733,524.60
$916,905.75
$1,100,286.90
$523,946.14
$628,735.37
$838,313.83
$1,047,892.29
$1,257,470.74
$261,973.07
$314,367.69
$419,156.91
$523,946.14
$628,735.37
$327,466.34
$392,959.61
$523,946.14
$654,932.68
$785,919.21
$392,959.61
$471,551.53
$628,735.37
$785,919.21
$943,103.06
$458,452.87
$550,143.45
$733,524.60
$916,905.75
$1,100,286.90
$523,946.14
$628,735.37
$838,313.83
$1,047,892.29
$1,257,470.74
$261,973.07
$314,367.69
$419,156.91

$510,847.49
$681,129.99
$851,412.48
$1,021,694.98
$491,199.51
$589,439.41
$785,919.21
$982,399.02
$1,178,878.82
$556,692.78
$668,031.33
$890,708.44
$1,113,385.55
$1,336,062.66
$622,186.04
$746,623.25
$995,497.67
$1,244,372.09
$1,493,246.51
$392,959.61
$471,551.53
$628,735.37
$785,919.21
$943,103.06
$458,452.87
$550,143.45
$733,524.60
$916,905.75
$1,100,286.90
$523,946.14
$628,735.37
$838,313.83
$1,047,892.29
$1,257,470.74
$589,439.41
$707,327.29
$943,103.06
$1,178,878.82
$1,414,654.59
$654,932.68
$785,919.21
$1,047,892.29
$1,309,865.36
$1,571,838.43
$425,706.24
$510,847.49
$681,129.99

$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.100
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120

25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%

50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%

40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%

$327,466.34
$392,959.61
$163,733.17
$196,479.80
$261,973.07
$327,466.34
$392,959.61
$163,733.17
$196,479.80
$261,973.07
$327,466.34
$392,959.61
$163,733.17
$196,479.80
$261,973.07
$327,466.34
$392,959.61
$163,733.17
$196,479.80
$261,973.07
$327,466.34
$392,959.61
$42,742.55
$51,291.06
$68,388.09
$85,485.11
$102,582.13
$42,742.55
$51,291.06
$68,388.09
$85,485.11
$102,582.13
$42,742.55
$51,291.06
$68,388.09
$85,485.11
$102,582.13
$42,742.55
$51,291.06
$68,388.09
$85,485.11
$102,582.13
$42,742.55
$51,291.06
$68,388.09
$85,485.11
$102,582.13

$523,946.14
$628,735.37
$327,466.34
$392,959.61
$523,946.14
$654,932.68
$785,919.21
$392,959.61
$471,551.53
$628,735.37
$785,919.21
$943,103.06
$458,452.87
$550,143.45
$733,524.60
$916,905.75
$1,100,286.90
$523,946.14
$628,735.37
$838,313.83
$1,047,892.29
$1,257,470.74
$341,940.43
$410,328.52
$547,104.69
$683,880.86
$820,657.04
$427,425.54
$512,910.65
$683,880.86
$854,851.08
$1,025,821.29
$512,910.65
$615,492.78
$820,657.04
$1,025,821.29
$1,230,985.55
$598,395.75
$718,074.91
$957,433.21
$1,196,791.51
$1,436,149.81
$683,880.86
$820,657.04
$1,094,209.38
$1,367,761.73
$1,641,314.07

$851,412.48
$1,021,694.98
$491,199.51
$589,439.41
$785,919.21
$982,399.02
$1,178,878.82
$556,692.78
$668,031.33
$890,708.44
$1,113,385.55
$1,336,062.66
$622,186.04
$746,623.25
$995,497.67
$1,244,372.09
$1,493,246.51
$687,679.31
$825,215.17
$1,100,286.90
$1,375,358.62
$1,650,430.35
$384,682.99
$461,619.58
$615,492.78
$769,365.97
$923,239.16
$470,168.09
$564,201.71
$752,268.95
$940,336.19
$1,128,403.42
$555,653.20
$666,783.84
$889,045.12
$1,111,306.40
$1,333,567.68
$641,138.31
$769,365.97
$1,025,821.29
$1,282,276.62
$1,538,731.94
$726,623.42
$871,948.10
$1,162,597.47
$1,453,246.83
$1,743,896.20

$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120

10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%

25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%

40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%

$85,485.11
$102,582.13
$136,776.17
$170,970.22
$205,164.26
$85,485.11
$102,582.13
$136,776.17
$170,970.22
$205,164.26
$85,485.11
$102,582.13
$136,776.17
$170,970.22
$205,164.26
$85,485.11
$102,582.13
$136,776.17
$170,970.22
$205,164.26
$85,485.11
$102,582.13
$136,776.17
$170,970.22
$205,164.26
$128,227.66
$153,873.19
$205,164.26
$256,455.32
$307,746.39
$128,227.66
$153,873.19
$205,164.26
$256,455.32
$307,746.39
$128,227.66
$153,873.19
$205,164.26
$256,455.32
$307,746.39
$128,227.66
$153,873.19
$205,164.26
$256,455.32
$307,746.39
$128,227.66
$153,873.19

$341,940.43
$410,328.52
$547,104.69
$683,880.86
$820,657.04
$427,425.54
$512,910.65
$683,880.86
$854,851.08
$1,025,821.29
$512,910.65
$615,492.78
$820,657.04
$1,025,821.29
$1,230,985.55
$598,395.75
$718,074.91
$957,433.21
$1,196,791.51
$1,436,149.81
$683,880.86
$820,657.04
$1,094,209.38
$1,367,761.73
$1,641,314.07
$341,940.43
$410,328.52
$547,104.69
$683,880.86
$820,657.04
$427,425.54
$512,910.65
$683,880.86
$854,851.08
$1,025,821.29
$512,910.65
$615,492.78
$820,657.04
$1,025,821.29
$1,230,985.55
$598,395.75
$718,074.91
$957,433.21
$1,196,791.51
$1,436,149.81
$683,880.86
$820,657.04

$427,425.54
$512,910.65
$683,880.86
$854,851.08
$1,025,821.29
$512,910.65
$615,492.78
$820,657.04
$1,025,821.29
$1,230,985.55
$598,395.75
$718,074.91
$957,433.21
$1,196,791.51
$1,436,149.81
$683,880.86
$820,657.04
$1,094,209.38
$1,367,761.73
$1,641,314.07
$769,365.97
$923,239.16
$1,230,985.55
$1,538,731.94
$1,846,478.33
$470,168.09
$564,201.71
$752,268.95
$940,336.19
$1,128,403.42
$555,653.20
$666,783.84
$889,045.12
$1,111,306.40
$1,333,567.68
$641,138.31
$769,365.97
$1,025,821.29
$1,282,276.62
$1,538,731.94
$726,623.42
$871,948.10
$1,162,597.47
$1,453,246.83
$1,743,896.20
$812,108.52
$974,530.23

$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.120

15%
15%
15%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%

40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%

80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%

$205,164.26
$256,455.32
$307,746.39
$170,970.22
$205,164.26
$273,552.35
$341,940.43
$410,328.52
$170,970.22
$205,164.26
$273,552.35
$341,940.43
$410,328.52
$170,970.22
$205,164.26
$273,552.35
$341,940.43
$410,328.52
$170,970.22
$205,164.26
$273,552.35
$341,940.43
$410,328.52
$170,970.22
$205,164.26
$273,552.35
$341,940.43
$410,328.52
$213,712.77
$256,455.32
$341,940.43
$427,425.54
$512,910.65
$213,712.77
$256,455.32
$341,940.43
$427,425.54
$512,910.65
$213,712.77
$256,455.32
$341,940.43
$427,425.54
$512,910.65
$213,712.77
$256,455.32
$341,940.43
$427,425.54

$1,094,209.38
$1,367,761.73
$1,641,314.07
$341,940.43
$410,328.52
$547,104.69
$683,880.86
$820,657.04
$427,425.54
$512,910.65
$683,880.86
$854,851.08
$1,025,821.29
$512,910.65
$615,492.78
$820,657.04
$1,025,821.29
$1,230,985.55
$598,395.75
$718,074.91
$957,433.21
$1,196,791.51
$1,436,149.81
$683,880.86
$820,657.04
$1,094,209.38
$1,367,761.73
$1,641,314.07
$341,940.43
$410,328.52
$547,104.69
$683,880.86
$820,657.04
$427,425.54
$512,910.65
$683,880.86
$854,851.08
$1,025,821.29
$512,910.65
$615,492.78
$820,657.04
$1,025,821.29
$1,230,985.55
$598,395.75
$718,074.91
$957,433.21
$1,196,791.51

$1,299,373.64
$1,624,217.05
$1,949,060.46
$512,910.65
$615,492.78
$820,657.04
$1,025,821.29
$1,230,985.55
$598,395.75
$718,074.91
$957,433.21
$1,196,791.51
$1,436,149.81
$683,880.86
$820,657.04
$1,094,209.38
$1,367,761.73
$1,641,314.07
$769,365.97
$923,239.16
$1,230,985.55
$1,538,731.94
$1,846,478.33
$854,851.08
$1,025,821.29
$1,367,761.73
$1,709,702.16
$2,051,642.59
$555,653.20
$666,783.84
$889,045.12
$1,111,306.40
$1,333,567.68
$641,138.31
$769,365.97
$1,025,821.29
$1,282,276.62
$1,538,731.94
$726,623.42
$871,948.10
$1,162,597.47
$1,453,246.83
$1,743,896.20
$812,108.52
$974,530.23
$1,299,373.64
$1,624,217.05

$0.120
$0.120
$0.120
$0.120
$0.120
$0.120
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150

25%
25%
25%
25%
25%
25%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%

60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%

70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%

$512,910.65
$213,712.77
$256,455.32
$341,940.43
$427,425.54
$512,910.65
$57,736.43
$69,283.72
$92,378.29
$115,472.87
$138,567.44
$57,736.43
$69,283.72
$92,378.29
$115,472.87
$138,567.44
$57,736.43
$69,283.72
$92,378.29
$115,472.87
$138,567.44
$57,736.43
$69,283.72
$92,378.29
$115,472.87
$138,567.44
$57,736.43
$69,283.72
$92,378.29
$115,472.87
$138,567.44
$115,472.87
$138,567.44
$184,756.59
$230,945.74
$277,134.88
$115,472.87
$138,567.44
$184,756.59
$230,945.74
$277,134.88
$115,472.87
$138,567.44
$184,756.59
$230,945.74
$277,134.88
$115,472.87

$1,436,149.81
$683,880.86
$820,657.04
$1,094,209.38
$1,367,761.73
$1,641,314.07
$461,891.47
$554,269.77
$739,026.35
$923,782.94
$1,108,539.53
$577,364.34
$692,837.21
$923,782.94
$1,154,728.68
$1,385,674.41
$692,837.21
$831,404.65
$1,108,539.53
$1,385,674.41
$1,662,809.30
$808,310.07
$969,972.09
$1,293,296.12
$1,616,620.15
$1,939,944.18
$923,782.94
$1,108,539.53
$1,478,052.71
$1,847,565.89
$2,217,079.06
$461,891.47
$554,269.77
$739,026.35
$923,782.94
$1,108,539.53
$577,364.34
$692,837.21
$923,782.94
$1,154,728.68
$1,385,674.41
$692,837.21
$831,404.65
$1,108,539.53
$1,385,674.41
$1,662,809.30
$808,310.07

$1,949,060.46
$897,593.63
$1,077,112.36
$1,436,149.81
$1,795,187.26
$2,154,224.72
$519,627.91
$623,553.49
$831,404.65
$1,039,255.81
$1,247,106.97
$635,100.77
$762,120.93
$1,016,161.24
$1,270,201.55
$1,524,241.86
$750,573.64
$900,688.37
$1,200,917.83
$1,501,147.28
$1,801,376.74
$866,046.51
$1,039,255.81
$1,385,674.41
$1,732,093.02
$2,078,511.62
$981,519.38
$1,177,823.25
$1,570,431.00
$1,963,038.75
$2,355,646.50
$577,364.34
$692,837.21
$923,782.94
$1,154,728.68
$1,385,674.41
$692,837.21
$831,404.65
$1,108,539.53
$1,385,674.41
$1,662,809.30
$808,310.07
$969,972.09
$1,293,296.12
$1,616,620.15
$1,939,944.18
$923,782.94

$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150

10%
10%
10%
10%
10%
10%
10%
10%
10%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%

30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%

70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%

$138,567.44
$184,756.59
$230,945.74
$277,134.88
$115,472.87
$138,567.44
$184,756.59
$230,945.74
$277,134.88
$173,209.30
$207,851.16
$277,134.88
$346,418.60
$415,702.32
$173,209.30
$207,851.16
$277,134.88
$346,418.60
$415,702.32
$173,209.30
$207,851.16
$277,134.88
$346,418.60
$415,702.32
$173,209.30
$207,851.16
$277,134.88
$346,418.60
$415,702.32
$173,209.30
$207,851.16
$277,134.88
$346,418.60
$415,702.32
$230,945.74
$277,134.88
$369,513.18
$461,891.47
$554,269.77
$230,945.74
$277,134.88
$369,513.18
$461,891.47
$554,269.77
$230,945.74
$277,134.88
$369,513.18

$969,972.09
$1,293,296.12
$1,616,620.15
$1,939,944.18
$923,782.94
$1,108,539.53
$1,478,052.71
$1,847,565.89
$2,217,079.06
$461,891.47
$554,269.77
$739,026.35
$923,782.94
$1,108,539.53
$577,364.34
$692,837.21
$923,782.94
$1,154,728.68
$1,385,674.41
$692,837.21
$831,404.65
$1,108,539.53
$1,385,674.41
$1,662,809.30
$808,310.07
$969,972.09
$1,293,296.12
$1,616,620.15
$1,939,944.18
$923,782.94
$1,108,539.53
$1,478,052.71
$1,847,565.89
$2,217,079.06
$461,891.47
$554,269.77
$739,026.35
$923,782.94
$1,108,539.53
$577,364.34
$692,837.21
$923,782.94
$1,154,728.68
$1,385,674.41
$692,837.21
$831,404.65
$1,108,539.53

$1,108,539.53
$1,478,052.71
$1,847,565.89
$2,217,079.06
$1,039,255.81
$1,247,106.97
$1,662,809.30
$2,078,511.62
$2,494,213.95
$635,100.77
$762,120.93
$1,016,161.24
$1,270,201.55
$1,524,241.86
$750,573.64
$900,688.37
$1,200,917.83
$1,501,147.28
$1,801,376.74
$866,046.51
$1,039,255.81
$1,385,674.41
$1,732,093.02
$2,078,511.62
$981,519.38
$1,177,823.25
$1,570,431.00
$1,963,038.75
$2,355,646.50
$1,096,992.24
$1,316,390.69
$1,755,187.59
$2,193,984.49
$2,632,781.39
$692,837.21
$831,404.65
$1,108,539.53
$1,385,674.41
$1,662,809.30
$808,310.07
$969,972.09
$1,293,296.12
$1,616,620.15
$1,939,944.18
$923,782.94
$1,108,539.53
$1,478,052.71

$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.150
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200

20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%

50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%

60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%

$461,891.47
$554,269.77
$230,945.74
$277,134.88
$369,513.18
$461,891.47
$554,269.77
$230,945.74
$277,134.88
$369,513.18
$461,891.47
$554,269.77
$288,682.17
$346,418.60
$461,891.47
$577,364.34
$692,837.21
$288,682.17
$346,418.60
$461,891.47
$577,364.34
$692,837.21
$288,682.17
$346,418.60
$461,891.47
$577,364.34
$692,837.21
$288,682.17
$346,418.60
$461,891.47
$577,364.34
$692,837.21
$288,682.17
$346,418.60
$461,891.47
$577,364.34
$692,837.21
$82,726.23
$99,271.48
$132,361.97
$165,452.47
$198,542.96
$82,726.23
$99,271.48
$132,361.97
$165,452.47
$198,542.96

$1,385,674.41
$1,662,809.30
$808,310.07
$969,972.09
$1,293,296.12
$1,616,620.15
$1,939,944.18
$923,782.94
$1,108,539.53
$1,478,052.71
$1,847,565.89
$2,217,079.06
$461,891.47
$554,269.77
$739,026.35
$923,782.94
$1,108,539.53
$577,364.34
$692,837.21
$923,782.94
$1,154,728.68
$1,385,674.41
$692,837.21
$831,404.65
$1,108,539.53
$1,385,674.41
$1,662,809.30
$808,310.07
$969,972.09
$1,293,296.12
$1,616,620.15
$1,939,944.18
$923,782.94
$1,108,539.53
$1,478,052.71
$1,847,565.89
$2,217,079.06
$661,809.87
$794,171.85
$1,058,895.79
$1,323,619.74
$1,588,343.69
$827,262.34
$992,714.81
$1,323,619.74
$1,654,524.68
$1,985,429.61

$1,847,565.89
$2,217,079.06
$1,039,255.81
$1,247,106.97
$1,662,809.30
$2,078,511.62
$2,494,213.95
$1,154,728.68
$1,385,674.41
$1,847,565.89
$2,309,457.36
$2,771,348.83
$750,573.64
$900,688.37
$1,200,917.83
$1,501,147.28
$1,801,376.74
$866,046.51
$1,039,255.81
$1,385,674.41
$1,732,093.02
$2,078,511.62
$981,519.38
$1,177,823.25
$1,570,431.00
$1,963,038.75
$2,355,646.50
$1,096,992.24
$1,316,390.69
$1,755,187.59
$2,193,984.49
$2,632,781.39
$1,212,465.11
$1,454,958.13
$1,939,944.18
$2,424,930.22
$2,909,916.27
$744,536.11
$893,443.33
$1,191,257.77
$1,489,072.21
$1,786,886.65
$909,988.57
$1,091,986.29
$1,455,981.72
$1,819,977.15
$2,183,972.58

$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200

5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
5%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
10%
15%
15%
15%
15%
15%
15%
15%

25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%

60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%

$82,726.23
$99,271.48
$132,361.97
$165,452.47
$198,542.96
$82,726.23
$99,271.48
$132,361.97
$165,452.47
$198,542.96
$82,726.23
$99,271.48
$132,361.97
$165,452.47
$198,542.96
$165,452.47
$198,542.96
$264,723.95
$330,904.94
$397,085.92
$165,452.47
$198,542.96
$264,723.95
$330,904.94
$397,085.92
$165,452.47
$198,542.96
$264,723.95
$330,904.94
$397,085.92
$165,452.47
$198,542.96
$264,723.95
$330,904.94
$397,085.92
$165,452.47
$198,542.96
$264,723.95
$330,904.94
$397,085.92
$248,178.70
$297,814.44
$397,085.92
$496,357.40
$595,628.88
$248,178.70
$297,814.44

$992,714.81
$1,191,257.77
$1,588,343.69
$1,985,429.61
$2,382,515.54
$1,158,167.27
$1,389,800.73
$1,853,067.64
$2,316,334.55
$2,779,601.46
$1,323,619.74
$1,588,343.69
$2,117,791.59
$2,647,239.49
$3,176,687.38
$661,809.87
$794,171.85
$1,058,895.79
$1,323,619.74
$1,588,343.69
$827,262.34
$992,714.81
$1,323,619.74
$1,654,524.68
$1,985,429.61
$992,714.81
$1,191,257.77
$1,588,343.69
$1,985,429.61
$2,382,515.54
$1,158,167.27
$1,389,800.73
$1,853,067.64
$2,316,334.55
$2,779,601.46
$1,323,619.74
$1,588,343.69
$2,117,791.59
$2,647,239.49
$3,176,687.38
$661,809.87
$794,171.85
$1,058,895.79
$1,323,619.74
$1,588,343.69
$827,262.34
$992,714.81

$1,075,441.04
$1,290,529.25
$1,720,705.67
$2,150,882.08
$2,581,058.50
$1,240,893.51
$1,489,072.21
$1,985,429.61
$2,481,787.02
$2,978,144.42
$1,406,345.98
$1,687,615.17
$2,250,153.56
$2,812,691.95
$3,375,230.34
$827,262.34
$992,714.81
$1,323,619.74
$1,654,524.68
$1,985,429.61
$992,714.81
$1,191,257.77
$1,588,343.69
$1,985,429.61
$2,382,515.54
$1,158,167.27
$1,389,800.73
$1,853,067.64
$2,316,334.55
$2,779,601.46
$1,323,619.74
$1,588,343.69
$2,117,791.59
$2,647,239.49
$3,176,687.38
$1,489,072.21
$1,786,886.65
$2,382,515.54
$2,978,144.42
$3,573,773.31
$909,988.57
$1,091,986.29
$1,455,981.72
$1,819,977.15
$2,183,972.58
$1,075,441.04
$1,290,529.25

$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200

15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
15%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
20%
25%
25%
25%
25%

40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%

50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%
40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%
40%
40%
40%
40%

$397,085.92
$496,357.40
$595,628.88
$248,178.70
$297,814.44
$397,085.92
$496,357.40
$595,628.88
$248,178.70
$297,814.44
$397,085.92
$496,357.40
$595,628.88
$248,178.70
$297,814.44
$397,085.92
$496,357.40
$595,628.88
$330,904.94
$397,085.92
$529,447.90
$661,809.87
$794,171.85
$330,904.94
$397,085.92
$529,447.90
$661,809.87
$794,171.85
$330,904.94
$397,085.92
$529,447.90
$661,809.87
$794,171.85
$330,904.94
$397,085.92
$529,447.90
$661,809.87
$794,171.85
$330,904.94
$397,085.92
$529,447.90
$661,809.87
$794,171.85
$413,631.17
$496,357.40
$661,809.87
$827,262.34

$1,323,619.74
$1,654,524.68
$1,985,429.61
$992,714.81
$1,191,257.77
$1,588,343.69
$1,985,429.61
$2,382,515.54
$1,158,167.27
$1,389,800.73
$1,853,067.64
$2,316,334.55
$2,779,601.46
$1,323,619.74
$1,588,343.69
$2,117,791.59
$2,647,239.49
$3,176,687.38
$661,809.87
$794,171.85
$1,058,895.79
$1,323,619.74
$1,588,343.69
$827,262.34
$992,714.81
$1,323,619.74
$1,654,524.68
$1,985,429.61
$992,714.81
$1,191,257.77
$1,588,343.69
$1,985,429.61
$2,382,515.54
$1,158,167.27
$1,389,800.73
$1,853,067.64
$2,316,334.55
$2,779,601.46
$1,323,619.74
$1,588,343.69
$2,117,791.59
$2,647,239.49
$3,176,687.38
$661,809.87
$794,171.85
$1,058,895.79
$1,323,619.74

$1,720,705.67
$2,150,882.08
$2,581,058.50
$1,240,893.51
$1,489,072.21
$1,985,429.61
$2,481,787.02
$2,978,144.42
$1,406,345.98
$1,687,615.17
$2,250,153.56
$2,812,691.95
$3,375,230.34
$1,571,798.44
$1,886,158.13
$2,514,877.51
$3,143,596.89
$3,772,316.27
$992,714.81
$1,191,257.77
$1,588,343.69
$1,985,429.61
$2,382,515.54
$1,158,167.27
$1,389,800.73
$1,853,067.64
$2,316,334.55
$2,779,601.46
$1,323,619.74
$1,588,343.69
$2,117,791.59
$2,647,239.49
$3,176,687.38
$1,489,072.21
$1,786,886.65
$2,382,515.54
$2,978,144.42
$3,573,773.31
$1,654,524.68
$1,985,429.61
$2,647,239.49
$3,309,049.36
$3,970,859.23
$1,075,441.04
$1,290,529.25
$1,720,705.67
$2,150,882.08

$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200
$0.200

25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%
25%

60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%
25%
30%
40%
50%
60%

40%
50%
50%
50%
50%
50%
60%
60%
60%
60%
60%
70%
70%
70%
70%
70%
80%
80%
80%
80%
80%

$992,714.81
$413,631.17
$496,357.40
$661,809.87
$827,262.34
$992,714.81
$413,631.17
$496,357.40
$661,809.87
$827,262.34
$992,714.81
$413,631.17
$496,357.40
$661,809.87
$827,262.34
$992,714.81
$413,631.17
$496,357.40
$661,809.87
$827,262.34
$992,714.81

$1,588,343.69
$827,262.34
$992,714.81
$1,323,619.74
$1,654,524.68
$1,985,429.61
$992,714.81
$1,191,257.77
$1,588,343.69
$1,985,429.61
$2,382,515.54
$1,158,167.27
$1,389,800.73
$1,853,067.64
$2,316,334.55
$2,779,601.46
$1,323,619.74
$1,588,343.69
$2,117,791.59
$2,647,239.49
$3,176,687.38

$2,581,058.50
$1,240,893.51
$1,489,072.21
$1,985,429.61
$2,481,787.02
$2,978,144.42
$1,406,345.98
$1,687,615.17
$2,250,153.56
$2,812,691.95
$3,375,230.34
$1,571,798.44
$1,886,158.13
$2,514,877.51
$3,143,596.89
$3,772,316.27
$1,737,250.91
$2,084,701.09
$2,779,601.46
$3,474,501.82
$4,169,402.19

Variable Cost
No. of Birds
Total Fixed cost (2 years)
Break Even Sales
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$0.03
39983680

$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578

Total Revenue vs Break-even sales

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$41,959,578
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$29,151,404
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$22,333,957
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$16,533,934
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000
1910000

$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391
$11,539,391

Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss
Loss

$0.080
$0.100
$0.120
$0.150
$0.200

Summary
Profit/Loss
Loss
Below Expected Profit
Desired Profit

No of combinations
625
0
0

5%
10%
15%
20%
25%

25%
30%
40%
50%
60%

40%
50%
60%
70%
80%