EFTA00729202.pdf

10:01 AM DANGENE MCKAY BAILEY (NY) 03/25,10 Cash Basis Profit & Loss November 2009 through February 2010 Ordinary IncomeExpense Income Nov 09 Dec 09 Jan 10 Feb 10 TOTAL Retail Sales 5,617.00 5,627.00 5,262.00 3,024.00 19,530.00 Services 104,203.83 107,998.11 128,873.23 82,522.00 423,597.17 Sales Tax Vendor Collection Cre 0.00 199.94 0.00 0.00 199.94 Refund 0.00 -11,728.22 -12,730.76 0.00 -24,458.98 Total Income 109,820.83 102,096.83 121,404.47 85,546.00 418,868.13 Cost of Goods Sold Equipment Rental Dermaglow 681.51 3.00 3.00 606.51 1,294.02 Freya' Laser 0.00 3,476.00 1.738.00 1,738.00 6,952.00 Van lite laser system 944.23 944.23 944.23 944.23 3,776.92 LA 0.00 1,122.57 0.00 2,581.92 3,704.49 Equipment Rental • Other 3,375.56 11,792.75 2.229.52 0.00 17,397.83 Total Equipment Rental 5,001.30 17,338.55 4,914.75 5,870.66 33,125.26 Medical Supplies Revitalash 0.00 0.00 0.00 779.16 779.16 Abbe 0.00 222.03 0.00 119.32 341.35 Medical Supplies • Other 3,682.83 11,768.56 6,433.73 4,249.48 26,134.60 Total Medical Supplies 3,682.83 11,990.59 6,433.73 5,147.96 27,255.11 Total COGS 8,684.13 29,329.14 11,348.48 11,018.62 60,380.37 Gross Profit 101,136.70 72,767.69 110,055.99 74,527.38 358,487.76 Expense 179 Expense - small assets 1.085.00 460.00 0.00 0.00 1,545.00 ?? 0.00 0.00 1,752.81 0.00 1,752.81 Bank Service Charges 194.00 207.00 178.00 211.00 790.00 Commission Expense Pam 0.00 0.00 750.00 0.00 750.00 Total Commission Expense 0.00 0.00 750.00 0.00 750.00 Computer Expense IT 0.00 406.25 0.00 850.00 1,256.25 Repairs 0.00 0.00 150.00 0.00 150.00 Software 198.95 73.90 212.63 0.00 485.48 Website 0.00 0.00 2,168.00 0.00 2.168.00 Computer Expense • Other 0.00 0.00 571.85 0.00 571.85 Total Computer Expense 198.95 480.15 3,102.48 850.00 4,631.58 Consulting Michael Lahm 0.00 0.00 3,500.00 1,750.00 5.250.00 Total Consulting 0.00 0.00 3,500.00 1,750.00 5.250.00 Contributions 0.00 0.00 0.00 1,000.00 1.000.00 Credit Card Annual Fees 2.500.00 85.00 0.00 1,500.00 4.085.00 Credit Card Service Charge 1.171.61 6,031.81 3,111.42 609.30 10,924.14 Dues and Subscriptions 214.13 23.40 37.17 320.05 594.75 Finance Charges Clti..7479 770.10 848.54 935.24 0.00 2,553.88 BOA...5082 384.02 403.32 415.72 375.61 1,578.67 BOA...9747 319.72 308.58 305.21 0.00 933.51 United 4138 328.48 330.56 293.42 279.36 1,231.82 Total Finance Charges 1,802.32 1,891.00 1,949.59 654.97 6,297.88 Insurance Allstate 118.59 118.59 0.00 0.00 237.18 Premium Financing 248.84 261.28 42.28 0.00 447.84 Workers Comp 0.00 0.00 555.40 -2,162.45 -1,607.05 Total Insurance 367.43 379.87 493.12 -2,162.45 -922.03 Page 1 EFTA00729202 10:01 AM DANGENE MCKAY BAILEY (NY) 03+25!10 Profit & Loss Cash Basis November 2009 through February 2010 Nov 09 Dec 09 Jan 10 Feb 10 TOTAL Licenses and Permits 0.00 970.00 0.00 0.00 970.00 Local Travel (Petty Cash) 3,000.00 5,081.00 7,761.00 11,018.00 26,860.00 Marketing & Promotion 0.00 2,079.41 0.00 2,079.41 4,158.82 Meals and Entertainment 270.68 630.62 3,226.63 2,083.27 6,211.20 Miscellaneous 70.59 14.65 310.00 60.86 456.10 Office Supplies 1,052.03 1,542.80 1,060.75 992.29 4,647.87 Payroll Expense (Salaries) 10,833.34 10,833.34 10,833.34 10,833.34 43,333.36 Payroll Expenses 96.03 96.03 144.53 96.04 432.63 Payroll Taxes MCTMT 0.00 0.00 0.00 1,111.00 1,111.00 FICA 828.75 628.74 828.75 828.75 3,314.99 FUTA 0.00 0.00 86.67 25.33 112.00 NY SUI 0.00 0.00 436.04 248.21 684.25 Re-employment Service Fund 0.00 0.00 8.13 4.62 12.75 State Disability -5.20 •520 -5.20 -5.20 -20.80 Total Payroll Taxes 823.55 823.54 1,354.39 2,212.71 5,214.19 Photography 0.00 0.00 2,700.00 2,700.00 5,400.00 Postage and Delivery 397.18 834.20 729.49 664.09 2,624.96 Professional Fees Singer Lewak 0.00 3,040.36 0.00 0.00 3,040.36 Accounting 0.00 0.00 7,307.53 8,610.00 15,917.53 Legal Fees 266.79 668.78 0.00 141.38 1,076.95 Total Professional Fees 266.79 3,709.14 7,307.53 8,751.38 20,034.84 Public Relations 0.00 0.00 622.98 0.00 622.98 Rent 5.500.00 5,500.00 7,500.00 7,500.00 26,000.00 Taxes LLC Fee 0.00 0.00 25.00 0.00 25.00 Total Taxes 0.00 0.00 25.00 0.00 25.00 Telephone 878.29 630.62 739.21 728.46 2,976.58 Transportation 89.00 89.00 89.00 0.00 267.00 Travel 0.00 -305.00 0.00 0.00 -305.00 Utilities Con Ed Refund 0.00 0.00 0.00 -2.066.92 -2.066.92 Gas and Electric 0.00 0.00 0.00 907.55 907.55 Gas and Electric & water 472.70 739.90 0.00 0.00 1,212.60 Total Utilities 472.70 739.90 0.00 -1,159.37 53.23 Total Expense 31,283.62 42,827.48 59,278.44 53,293.35 186,682.89 Net Ordinary Income 69,853.08 29,940.21 50,777.55 21,234.03 171,804.87 Other Income/Expense Other Income Tax Refund 304.74 0.00 4,993.07 0.00 5,297.81 Interest Income 0.00 0.00 0.00 0.13 0.13 Total Other income 304.74 0.00 4,993.07 0.13 5,297.94 Other Expense Home Expenses• NY 18C Allstate Insurance 0.00 0.00 132.84 132.84 265.68 NY 18C House Payment 7,708.94 7,708.94 7,708.94 7,689.28 30,816.10 NY 18C Condo Dues 1,509.76 1,509.76 1,509.76 3,142.17 7,671.45 NY 18C Electric 217.63 196.01 120.59 181.43 715.66 Total Homo Expenses- NY 18C 9,436.33 9,414.71 9,472.13 11,145.72 39,468.89 Home Expenses • NY 4B Allstate Insurance 0.00 0.00 0.00 89.00 89.00 NY 4B House Payment 3,365.76 3,365.76 3,365.76 3,365.76 13,463.04 NY 4B Condo Dues 506.22 506.22 1,120.03 506.22 2,638.69 NY 4B Electric 57.95 109.93 87.18 224.18 479.24 Total Home Expenses • NY 4B 3,929.93 3,981.91 4,572.97 4,185.16 16,669.97 Page 2 EFTA00729203 10:01 AM DANGENE MCKAY BAILEY (NY) 0325/10 Cash Basis Profit & Loss November 2009 through February 2010 Drawing Nov 09 Dec 09 Jan 10 Feb 10 TOTAL Travel 0.00 0.00 0.00 157.50 157.50 Repairs 0.00 0.00 0.00 475.30 475.30 Chase HELOC..0845 0.00 0.00 0.00 1,501.33 1,501.33 Cleaning 0.00 0.00 117.50 1,277.60 1,395.10 Groceries 0.00 0.00 256.88 0.00 256.88 Clothing 0.00 0.00 1,187.87 337.51 1,525.38 Tanning 0.00 0.00 448.00 0.00 448.00 Christmas Store 0.00 106.59 0.00 0.00 106.59 Costco 0.00 1,475.97 0.00 1,332.41 2,808.38 Auto 0.00 800.00 0.00 0.00 800.00 Saks 0.00 1.705.01 0.00 1,698.48 3,403.49 Divorce 250.00 0.00 0.00 400.00 650.00 Draw Schedule A Items Medical 31.44 3,165.00 5,000.00 6,442.00 14,638.44 NYS Estimated taxes 1,712.00 0.00 0.00 0.00 1,712.00 Total Draw Schedule A Items 1,743.44 3,165.00 5,000.00 6,442.00 16,350.44 Medquest 1,551.09 1,517.52 199.28 2,079.75 5,347.64 Auto Lease Payments 1,064.55 1,064.55 1,064.55 0.00 3,193.65 Apple Store 267.09 1,139.25 0.00 0.00 1,406.34 Cable 272.60 472.37 185.50 0.00 930.47 Health Insurance 0.00 1,148.00 1,148.00 2,296.00 4,592.00 Judy Cole 1,000.00 0.00 1,000.00 1,000.00 3,000.00 Life insurance 269.79 269.79 269.79 269.79 1.079.16 Robert McKay 2,000.00 2.000.00 2,000.00 2,000.00 8.000.00 Personal Expenses 183.98 56.63 176.30 251.28 668.19 Pet Care 301.21 626.11 540.18 1,298.13 2,765.63 Prirvint-loan from Tristi (NY) 482.55 466.98 482.55 482.55 1,914.63 Sweet Pea's 122.50 0.00 0.00 0.00 122.50 Neiman Marcus 0.00 286.07 -272.19 286.07 299.95 Total Drawing 9.508.80 16299.84 13,804.21 23,585.70 63,198.55 Interest Expense Pam del payroll 0.00 63627 0.00 0.00 636.27 Chase LOC..0845 709.95 679.60 0.00 699.08 2,088.63 Interest Expense - Other 9.76 0.00 0.00 0.00 9.76 Total Interest Expense 719.71 1,315.87 0.00 699.08 2,734.66 Fines and Penalties 142.69 843.34 0.00 0.00 986.03 Total Other Expense 23,737.46 31,855.67 27,849.31 39,615.66 123,058.10 Net Other Income -23,432.72 -31,855.67 -22,856.24 49,615.53 -117,760.16 Net Income 2018 -1,915.48 27,921.31 -18,38140 54,004.71 Page 3 EFTA00729204