Professional Documents
Culture Documents
75,000 75,000
500,000
Balance Sheet
O O O O O O I F
(23,750) 685,000 69,500 (175,000) (22,500) (350,000) (80,000) (150,000) 50,000 (50,750)
(23,750) R&D Expense 754,500 Revenue 175,000 (22,500) Adv. Expense 350,000 (80,000) Admin Expenses 150,000 50,000 (50,000)
F
(545,000) (25,000) (10,625)
113,000
69,500
55,000
100,000
7,500
201,875
500,000 500,000
15.515 Fall 2003 Session 1
Net Income
375,000 375,000
Increase (decrease) in cash balance Beginning cash balance Ending cash balance
230,000 230,000
15.515 Fall 2003 Session 1
Net Income
46,875
15.515 Fall 2003 Session 1
Increase (decrease) in cash balance Beginning cash balance Ending cash balance