Jawad Kayed JK5 Photography 01/21/2020

JK5 Photography - Projected Expenses

Total
Item Cost Quantity Subtotal Tax Amt Expense
Canon
Camera $ 244.99 1 $ 244.99 $ 31.85 $ 276.84
Camera
Tripod $ 31.21 1 $ 31.21 $ 4.06 $ 35.27
Camera
Lights $ 39.79 1 $ 39.79 $ 5.17 $ 44.96

Permit $ 62.50 3 $ 187.50 $ 24.38 $ 211.88

$ 568.94

Tax Rate 13%

JK5 Photography Expenses

1
$211.88 ; 2
37.24% 3
$44.96 ; $276.84 ; 4
7.90% 48.66%
$35.27 ;
6.20%
 JK5 Photography - Projected Revenue
Week Rate Per Hour Hrs Per Wk Service Revenue
Week 1 $ 20.00 7 $ 140.00
Week 2 $ 20.00 7 $ 140.00
Week 3 $ 20.00 7 $ 140.00
Week 4 $ 20.00 7 $ 140.00
Week 5 $ 20.00 7 $ 140.00
Week 6 $ 25.00 7 $ 175.00
Week 7 $ 25.00 7 $ 175.00
Week 8 $ 25.00 7 $ 175.00
Week 9 $ 25.00 7 $ 175.00
$ 1,400.00
 JK5 Photography
Projected Income Statement
For the Months of July and August 2020

Revenue
Week 1 7 H/W $ 140.00
Week 2 7 H/W $ 140.00
Week 3 7 H/W $ 140.00
Week 4 7 H/W $ 140.00
Week 5 7 H/W $ 140.00
Week 6 7 H/W $ 175.00
Week 7 7 H/W $ 175.00
Week 8 7 H/W $ 175.00
Week 9 7 H/W $ 175.00
Total : $ 1,400.00
Expenses
Canon Camera $ 276.84
Camera Tripod $ 35.27
Camera Lights $ 44.96
Permit $ 211.88

Total Expenses $ 568.94

Net Income $ 831.06