Guanachapi's Restaurant

Income Statement 5/1/2006 to 12/31/2006


REVENUE


Sales Revenue

Sales
117,044.80
________________________

Net Sales
117,044.80
________________________


Other Revenue

Total Other Revenue
0.00
________________________


TOTAL REVENUE
117,044.80

________________________

EXPENSE


Cost of Goods Sold

Purchases
41,342.00
________________________

Net Purchases
41,342.00
________________________

Total Cost of Goods Sold
41,342.00
________________________


New Account

New Account
0.00
________________________


General & Administrative Expenses

Salaries
35,908.50

Accounting & Legal
2,039.57

Advertising & Promotions
3,000.00

Depreciation Expense
2,205.35

Payroll Taxes
1,374.00

Insurance
3,624.25

Miscellaneous
4,825.00

Rent
20,700.00

Telephone
1,650.24

Utilities
19,753.97

Laundry Expenses
1,033.57
________________________

Total General & Admin. Expenses
96,114.45
________________________


TOTAL EXPENSE
137,456.45

________________________

NET INCOME
-20,411.65

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Generated On: 3/27/2007