Analytical Procedure and Calculation of Inventory turnover.

Analytical Procedure Documentation &

Conclusion

Analytical Procedure Performed – Inventory Turnover Ratio /

Analysis

Inventory turnover is a financial metric used to assess how efficiently your company is managing its inventory. It serves as a key analytical tool for evaluating inventory management efficiency, identifying trends and patterns, making informed decisions, and assessing your company’s overall financial performance.

Comparison

Xx

AnalysisXxConclusion

xx

Saturn Garden Supply
Balance Sheet
March 31, 2024
ASSETS
Current Assets
Petty Cash
Cash on Hand
Regular Checking Account
Payroll Checking Account
Savings Account
Accounts Receivable
Other Receivables
Allowance for Doubtful Account
Inventory
Prepaid Expenses
Employee Advances
Notes Receivable-Current
Other Current Assets
$
327.55
1,850.45
23,389.83
3,711.09
7,500.00
175,563.10
7,681.84
(5,000.00)
12,786.56
14,221.30
3,000.65
11,000.00
120.00
Total Current Assets
256,152.37
Property and Equipment
Furniture and Fixtures
Equipment
Vehicles
Other Depreciable Property
Buildings
Building Improvements
Accum. Depreciation-Furniture
Accum. Depreciation-Equipment
Accum. Depreciation-Vehicles
Accum. Depreciation-Other
Accum. Depreciation-Buildings
Accum. Depreciation-Bldg Imp
62,769.25
38,738.33
86,273.40
6,200.96
185,500.00
26,500.00
(54,680.57)
(33,138.11)
(51,585.26)
(3,788.84)
(34,483.97)
(4,926.28)
Total Property and Equipment
223,378.91
Other Assets
Deposits
Organization Costs
Accum Amortiz – Organiz Costs
Notes Receivable- Noncurrent
Other Noncurrent Assets
15,000.00
4,995.10
(2,000.00)
5,004.90
3,333.00
Total Other Assets
26,333.00
Total Assets
$
505,864.28
LIABILITIES AND CAPITAL
Current Liabilities
Accounts Payable
Accrued Expenses
Sales Tax Payable
Wages Payable
401 K Deductions Payable
Health Insurance Payable
Federal Payroll Taxes Payable
FUTA Tax Payable
State Payroll Taxes Payable
SUTA Tax Payable
Local Payroll Taxes Payable
Income Taxes Payable
$
80,626.01
3,022.55
18,028.08
2,320.30
2,409.55
(530.64)
40,853.61
258.20
6,718.84
658.67
113.25
11,045.75
Unaudited – For Management Purposes Only
Saturn Garden Supply
Balance Sheet
March 31, 2024
Other Taxes Payable
Current Portion Long-Term Debt
Contracts Payable- Current
Other Current Liabilities
2,640.15
5,167.00
2,000.00
54.00
Total Current Liabilities
Long-Term Liabilities
Notes Payable-Noncurrent
175,385.32
4,000.00
Total Long-Term Liabilities
4,000.00
Total Liabilities
Capital
Common Stock
Paid-in Capital
Retained Earnings
Net Income
179,385.32
5,000.00
100,000.00
189,037.60
32,441.36
Total Capital
Total Liabilities & Capital
326,478.96
$
505,864.28
Unaudited – For Management Purposes Only
Saturn Garden Supply
Balance Sheet
December 31, 2023
ASSETS
Current Assets
Petty Cash
Cash on Hand
Regular Checking Account
Payroll Checking Account
Savings Account
Accounts Receivable
Other Receivables
Allowance for Doubtful Account
Inventory
Prepaid Expenses
Employee Advances
Notes Receivable-Current
Other Current Assets
$
100.00
1,850.45
11,326.55
6,566.66
7,500.00
3,098.44
4,009.60
(5,000.00)
18,598.19
14,221.30
3,000.65
11,000.00
120.00
Total Current Assets
76,391.84
Property and Equipment
Furniture and Fixtures
Equipment
Vehicles
Other Depreciable Property
Buildings
Building Improvements
Accum. Depreciation-Furniture
Accum. Depreciation-Equipment
Accum. Depreciation-Vehicles
Accum. Depreciation-Other
Accum. Depreciation-Buildings
Accum. Depreciation-Bldg Imp
62,769.25
38,738.33
86,273.40
6,200.96
185,500.00
26,500.00
(53,418.21)
(31,872.92)
(47,271.59)
(3,595.13)
(33,294.87)
(4,756.41)
Total Property and Equipment
231,772.81
Other Assets
Deposits
Organization Costs
Accum Amortiz – Organiz Costs
Notes Receivable- Noncurrent
Other Noncurrent Assets
15,000.00
4,995.10
(2,000.00)
5,004.90
3,333.00
Total Other Assets
26,333.00
Total Assets
$
334,497.65
LIABILITIES AND CAPITAL
Current Liabilities
Accounts Payable
Accrued Expenses
Sales Tax Payable
Wages Payable
401 K Deductions Payable
Federal Payroll Taxes Payable
FUTA Tax Payable
State Payroll Taxes Payable
SUTA Tax Payable
Local Payroll Taxes Payable
Income Taxes Payable
Other Taxes Payable
$
3,902.75
3,022.55
2,460.55
2,320.30
444.70
1,586.85
258.20
985.33
658.67
113.25
11,045.75
2,590.15
Unaudited – For Management Purposes Only
Saturn Garden Supply
Balance Sheet
December 31, 2023
Current Portion Long-Term Debt
Contracts Payable- Current
Other Current Liabilities
5,167.00
2,000.00
(96.00)
Total Current Liabilities
Long-Term Liabilities
Notes Payable-Noncurrent
36,460.05
4,000.00
Total Long-Term Liabilities
4,000.00
Total Liabilities
40,460.05
Capital
Common Stock
Paid-in Capital
Retained Earnings
Net Income
5,000.00
100,000.00
177,737.04
11,300.56
Total Capital
Total Liabilities & Capital
294,037.60
$
334,497.65
Unaudited – For Management Purposes Only
Page: 1
Saturn Garden Supply
Income Statement
For the Three Months Ending March 31, 2024
Current Month
This Year
Revenues
Sales
Sales – Aviary
Sales – Books
Sales – Ceramics
Sales – Equipment
Sales – Food/Fert
Sales – Furniture
Sales – Hand Tools
Sales – Landscape Services
Sales – Miscellaneous
Sales – Nursery
Sales – Pots
Sales – Seeds
Sales – Soil
Sales – Statuary
Sales – Topiary
Interest Income
Other Income
Finance Charge Income
Sales Returns and Allowances
Sales Discounts
$
Current Month
Last Year
295.00 $
7,127.71
149.75
0.00
17,298.91
1,176.86
0.00
729.67
17,467.43
0.00
33,795.03
7,919.31
1,457.43
724.92
0.00
0.00
0.00
0.00
0.00
0.00
(123.22)
0.00
18,499.96
8,300.00
0.00
13,921.24
0.00
11,600.00
5,000.00
10,999.30
0.00
53,293.84
7,800.60
7,326.53
8,086.91
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Revenues
88,018.80
Cost of Sales
Product Cost
Product Cost – Aviary
Product Cost – Books
Product Cost – Ceramics
Product Cost – Equipment
Product Cost – Food/Fert
Product Cost – Furniture
Product Cost – Hand Tools
Product Cost – Landscaping
Product Cost – Miscellaneous
Product Cost – Pots
Product Cost – Seeds
Product Cost – Soil
Product Cost – Statuary
Product Cost – Topiary
Direct Labor
Direct Labor – Landscaping
Direct Labor – Miscellaneous
Direct Labor – Nursery
Direct Labor – Topiary
Materials Cost
Materials Cost – Landscaping
Materials Cost – Miscellaneous
Materials Cost – Nursery
Materials Cost – Topiary
Subcontractors
Subcontractors – Landscaping
Subcontractors – Miscellaneous
Subcontractors – Nursery
Subcontractors – Topiary
Total Cost of Sales
Year to Date
This Year
295.00 $
51,652.86
7,293.10
0.00
59,652.40
5,374.05
0.00
7,058.12
26,975.53
45.00
67,637.11
11,483.74
8,661.39
9,152.45
0.00
0.00
0.00
25,500.00
0.00
0.00
(133.12)
0.00
43,125.75
12,566.04
222.16
32,722.23
2,600.50
11,600.00
8,487.30
18,637.82
0.00
75,179.94
8,049.05
7,990.19
8,766.17
0.00
0.00
0.00
18,450.00
0.00
0.00
0.00
144,828.38
280,647.63
248,397.15
(68.50)
2,077.80
14.27
0.00
7,159.00
466.30
0.00
287.15
0.00
0.00
3,148.60
584.45
310.72
0.00
0.00
0.00
0.00
0.00
1,750.00
0.00
1,352.45
0.00
0.00
5,438.40
0.00
0.00
335.50
0.00
0.00
0.00
0.00
10,230.60
0.00
0.00
18,789.33
1,250.44
0.00
427.97
0.00
0.00
2,000.30
1,445.87
3,136.71
0.00
0.00
0.00
0.00
0.00
1,890.09
0.00
578.88
0.00
0.00
6,853.54
0.00
0.00
112.00
0.00
0.00
0.00
(68.50)
20,821.45
2,361.37
0.00
23,915.50
2,127.54
0.00
2,813.85
0.00
0.00
3,423.60
3,450.65
4,075.97
0.00
0.00
0.00
0.00
0.00
3,062.50
0.00
1,352.45
0.00
0.00
9,668.50
0.00
0.00
335.50
0.00
0.00
0.00
0.00
21,934.29
823.65
75.00
26,616.11
2,236.04
0.00
1,727.77
0.00
0.00
2,097.93
4,035.47
6,267.51
0.00
0.00
0.00
0.00
0.00
3,302.59
0.00
578.88
0.00
0.00
10,669.38
0.00
0.00
112.00
0.00
0.00
0.00
22,856.14
46,715.73
77,340.38
80,476.62
For Management Purposes Only
$
Year to Date
Last Year
Page: 2
Saturn Garden Supply
Income Statement
For the Three Months Ending March 31, 2024
Current Month
This Year
65,162.66
Current Month
Last Year
98,112.65
Year to Date
This Year
203,307.25
Year to Date
Last Year
167,920.53
Expenses
Freight
Other
Inventory Adjustments
Purchase Returns and Allowance
Purchase Discounts
Advertising Expense
Amortization Expense
Auto Expenses
Bad Debt Expense
Bank Charges
Cash Over and Short
Charitable Contributions Exp
Commissions and Fees Exp
Depreciation Expense
Dues and Subscriptions Exp
Employee Benefit Programs Exp
Freight Expense
Gifts Expense
Income Tax Expense
Insurance Expense
Interest Expense
Laundry and Cleaning Exp
Legal and Professional Expense
Licenses Expense
Loss on NSF Checks
Maintenance Expense
Meals and Entertainment Exp
Office Expense
Other Taxes
Payroll Tax Exp
Penalties and Fines Exp
Pension/Profit-Sharing Plan Ex
Printing Offsite Expense
Postage Expense
Rent or Lease Expense
Repairs Expense
Salaries Expense
Salaries Bonus Expense
Salaries Commission Expense
Supplies Expense
Travel Expense
Utilities Expense
Wages Expense
Other Expense
Purchase Disc- Expense Items
Gain/Loss on Sale of Assets
0.00
0.00
0.00
0.00
0.00
1,325.00
0.00
274.56
1,341.09
18.00
0.00
0.00
0.00
2,761.30
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
150.00
150.00
0.00
75.00
0.00
479.89
0.00
5,130.71
0.00
0.00
0.00
0.00
550.00
125.00
0.00
0.00
0.00
2,873.42
0.00
303.45
44,809.52
464.90
(8.11)
0.00
20.00
0.00
0.00
0.00
0.00
1,200.60
0.00
0.00
0.00
25.00
0.00
0.00
0.00
4,631.44
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
225.00
150.00
0.00
0.00
0.00
645.29
0.00
8,610.67
0.00
0.00
0.00
0.00
1,010.00
0.00
0.00
0.00
0.00
1,749.30
0.00
288.16
78,243.07
0.00
0.00
0.00
50.00
0.00
0.00
0.00
0.00
1,325.00
0.00
274.56
1,341.09
18.00
0.00
0.00
0.00
8,394.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
510.00
150.00
0.00
75.00
0.00
479.89
0.00
15,392.13
0.00
0.00
0.00
0.00
1,100.00
3,694.00
0.00
0.00
0.00
2,873.42
0.00
303.45
134,428.56
464.90
(8.11)
0.00
20.00
0.00
0.00
0.00
0.00
1,200.60
0.00
0.00
0.00
25.00
0.00
0.00
0.00
7,450.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
225.00
150.00
0.00
0.00
0.00
645.29
0.00
15,396.90
0.00
0.00
0.00
0.00
1,010.00
1,549.23
0.00
0.00
0.00
1,749.30
0.00
288.16
126,910.49
0.00
0.00
0.00
Total Expenses
60,823.73
96,798.53
170,865.89
156,619.97
Gross Profit
Net Income
$
4,338.93
$
1,314.12
For Management Purposes Only
$
32,441.36
$
11,300.56
Page: 1a
Saturn Garden Supply
Income Statement – 12 Periods
For January 1, 2024 through December 31, 2024
Period 1
Revenues
Sales
Sales – Aviary
Sales – Books
Sales – Ceramics
Sales – Equipment
Sales – Food/Fert
Sales – Furniture
Sales – Hand Tools
Sales – Landscape Services
Sales – Miscellaneous
Sales – Nursery
Sales – Pots
Sales – Seeds
Sales – Soil
Sales – Statuary
Sales – Topiary
Interest Income
Other Income
Finance Charge Income
Sales Returns and Allowances
Sales Discounts
$
Period 2
Period 3
Period 4
Period 5
Period 6
0.00
39,355.72
2,768.35
0.00
26,765.92
2,800.68
0.00
3,159.96
249.95
0.00
2,249.00
3,051.82
375.14
712.98
0.00
0.00
0.00
25,500.00
0.00
0.00
0.00
0.00
5,169.43
4,375.00
0.00
15,587.57
1,396.51
0.00
3,168.49
9,258.15
45.00
31,593.08
512.61
6,828.82
7,714.55
0.00
0.00
0.00
0.00
0.00
0.00
(9.90)
295.00
7,127.71
149.75
0.00
17,298.91
1,176.86
0.00
729.67
17,467.43
0.00
33,795.03
7,919.31
1,457.43
724.92
0.00
0.00
0.00
0.00
0.00
0.00
(123.22)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Revenues
106,989.52
85,639.31
88,018.80
0.00
0.00
0.00
Cost of Sales
Product Cost
Product Cost – Aviary
Product Cost – Books
Product Cost – Ceramics
Product Cost – Equipment
Product Cost – Food/Fert
Product Cost – Furniture
Product Cost – Hand Tools
Product Cost – Landscaping
Product Cost – Miscellaneous
Product Cost – Pots
Product Cost – Seeds
Product Cost – Soil
Product Cost – Statuary
Product Cost – Topiary
Direct Labor
Direct Labor – Landscaping
Direct Labor – Miscellaneous
0.00
16,611.35
497.10
0.00
10,286.65
1,108.29
0.00
1,261.25
0.00
0.00
71.75
149.30
382.50
0.00
0.00
0.00
0.00
0.00
0.00
2,132.30
1,850.00
0.00
6,469.85
552.95
0.00
1,265.45
0.00
0.00
203.25
2,716.90
3,382.75
0.00
0.00
0.00
0.00
0.00
(68.50)
2,077.80
14.27
0.00
7,159.00
466.30
0.00
287.15
0.00
0.00
3,148.60
584.45
310.72
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
For Management Purposes Only
Page: 1b
Saturn Garden Supply
Income Statement – 12 Periods
For January 1, 2024 through December 31, 2024
Period 7
Period 8
Period 9
Period 10
Period 11
Period 12
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
For Management Purposes Only
Page: 2a
Saturn Garden Supply
Income Statement – 12 Periods
For January 1, 2024 through December 31, 2024
Period 1
0.00
0.00
0.00
0.00
0.00
400.00
0.00
0.00
0.00
0.00
0.00
0.00
Period 2
1,312.50
0.00
0.00
0.00
0.00
3,830.10
0.00
0.00
0.00
0.00
0.00
0.00
Period 3
1,750.00
0.00
1,352.45
0.00
0.00
5,438.40
0.00
0.00
335.50
0.00
0.00
0.00
Total Cost of Sales
30,768.19
23,716.05
Gross Profit
76,221.33
Expenses
Freight
Other
Inventory Adjustments
Purchase Returns and Allowance
Purchase Discounts
Advertising Expense
Amortization Expense
Auto Expenses
Bad Debt Expense
Bank Charges
Cash Over and Short
Charitable Contributions Exp
Commissions and Fees Exp
Depreciation Expense
Dues and Subscriptions Exp
Employee Benefit Programs Exp
Freight Expense
Gifts Expense
Income Tax Expense
Insurance Expense
Interest Expense
Laundry and Cleaning Exp
Legal and Professional Expense
Licenses Expense
Loss on NSF Checks
Maintenance Expense
Meals and Entertainment Exp
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2,818.56
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Direct Labor – Nursery
Direct Labor – Topiary
Materials Cost
Materials Cost – Landscaping
Materials Cost – Miscellaneous
Materials Cost – Nursery
Materials Cost – Topiary
Subcontractors
Subcontractors – Landscaping
Subcontractors – Miscellaneous
Subcontractors – Nursery
Subcontractors – Topiary
Period 4
Period 5
Period 6
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
22,856.14
0.00
0.00
0.00
61,923.26
65,162.66
0.00
0.00
0.00
50.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2,814.14
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
360.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,325.00
0.00
274.56
1,341.09
18.00
0.00
0.00
0.00
2,761.30
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
150.00
150.00
0.00
75.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
For Management Purposes Only
Page: 2b
Saturn Garden Supply
Income Statement – 12 Periods
For January 1, 2024 through December 31, 2024
Period 7
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Period 8
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Period 9
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Period 10
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Period 11
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Period 12
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
For Management Purposes Only
Page: 3a
Saturn Garden Supply
Income Statement – 12 Periods
For January 1, 2024 through December 31, 2024
Office Expense
Other Taxes
Payroll Tax Exp
Penalties and Fines Exp
Pension/Profit-Sharing Plan Ex
Printing Offsite Expense
Postage Expense
Rent or Lease Expense
Repairs Expense
Salaries Expense
Salaries Bonus Expense
Salaries Commission Expense
Supplies Expense
Travel Expense
Utilities Expense
Wages Expense
Other Expense
Purchase Disc- Expense Items
Gain/Loss on Sale of Assets
Period 1
0.00
0.00
5,130.71
0.00
0.00
0.00
0.00
0.00
3,569.00
0.00
0.00
0.00
0.00
0.00
0.00
44,809.52
0.00
0.00
0.00
0.00
0.00
5,130.71
0.00
0.00
0.00
0.00
550.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
44,809.52
0.00
0.00
0.00
Period 3
479.89
0.00
5,130.71
0.00
0.00
0.00
0.00
550.00
125.00
0.00
0.00
0.00
2,873.42
0.00
303.45
44,809.52
464.90
(8.11)
0.00
Total Expenses
56,327.79
53,714.37
19,893.54
8,208.89
Net Income
$
Period 2
Period 4
Period 5
Period 6
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
60,823.73
0.00
0.00
0.00
4,338.93
0.00
0.00
0.00
For Management Purposes Only
Page: 3b
Saturn Garden Supply
Income Statement – 12 Periods
For January 1, 2024 through December 31, 2024
Period 7
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Period 8
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Period 9
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Period 10
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Period 11
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Period 12
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
For Management Purposes Only