Contents
- Index
Earnings Statement
ALASKA LIMB AND BRACE
EARNINGS STATEMENT AS OF 12/15/1997
FOR PERIOD BEGINNING 12/01/1996 AND ENDING 12/15/1996
FOR ALL LOCATIONS
REVENUES:
SALES RETURNS AND ALLOWANCES
4050 ADDITIONAL NON-ALLOWED SALES-O -$2,932.95
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SUBTOTAL FOR SALES RETURNS AND ALLOWANCES -$2,932.95
SALES RETURNS AND ALLOWANCES 706
4060 A/R CASH DISCOUNTS ALLOWED -$2,293.12
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SUBTOTAL FOR SALES RETURNS AND ALLOWANCES 706 -$2,293.12
SALES
4400 SALES - ORTHOTICS 400 $31,178.74
4410 SALES - PROSTHETICS 410 $41,294.71
4420 SALES - PED ORTHOTICS 420 $3,205.00
4430 SALES - SOFT GOODS - ORTHOTICS $2,248.04
4431 SALES - SOFT GOODS - PROSTHETI $2,328.04
4440 SALES - DME 440 $98.00
4450 SALES - OTHER 450 $3.00
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SUBTOTAL FOR SALES $80,355.53
BAD DEBTS
4714 BAD DEBT 714 UNCOLLECTABLE AC -$282.00
4715 MERCHANDISE RETURN 715 -$121.20
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SUBTOTAL FOR BAD DEBTS -$403.20
MISC. INCOME
4810 INTEREST INCOME 675 A/R INT $0.01
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SUBTOTAL FOR MISC. INCOME $0.01
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TOTAL REVENUES: $74,726.27
EXPENSES:
COST OF SALES
5500 COS - ORTHOTICS 500 $4,156.62
5510 COS - PROSTHETICS 510 $7,782.66
5520 COS - PED ORTHOTICS 520 $1,264.23
5530 COS - SOFT GOODS - ORTHOTICS $1,450.46
5531 COS - SOFT GOODS - PROSTHETICS $1,162.61
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SUBTOTAL FOR COST OF SALES $15,816.58
ALASKA LIMB AND BRACE
EARNINGS STATEMENT AS OF 12/15/1997
FOR PERIOD BEGINNING 12/01/1996 AND ENDING 12/15/1996
FOR ALL LOCATIONS
WAGES
EXPENSES:
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SUBTOTAL FOR WAGES $0.00
COST OF SALES
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SUBTOTAL FOR COST OF SALES $0.00
OPERATING EXPENSE
7717 BUSINESS MEALS 717 $48.55
7725 EXTERIOR MAINTENANCE 725 $749.05
7727 MAINTENANCE SUPPLIES 727 $337.49
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SUBTOTAL FOR OPERATING EXPENSE $1,135.09
COST OF SALES
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SUBTOTAL FOR COST OF SALES $0.00
OPERATING EXPENSE
7730 OFFICE SUPPLIES 730 $249.51
7733 RENT 733 $7,250.00
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SUBTOTAL FOR OPERATING EXPENSE $7,499.51
COST OF SALES
7736 401K PENSION EXPENSE (COMPANY) $426.18
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SUBTOTAL FOR COST OF SALES $426.18
OPERATING EXPENSE
7743 TRAVEL & LODGING 743 $1,727.26
7744 UTILITIES - WATER 745 $169.22
7745 UTILITIES - MGE 745 $457.17
7747 ADVERTISING - AD SPACE 712 $195.40
7750 AUTO - LEASE 746 $249.88
7751 AUTO - MILAGE - REPAIRS 713 $509.33
7756 COMPUTER SUPPORT 720 $1,148.85
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SUBTOTAL FOR OPERATING EXPENSE $4,457.11
PROFESSIONAL EXPENSE
7761 ACCOUNTING 724 $370.00
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SUBTOTAL FOR PROFESSIONAL EXPENSE $370.00
ALASKA LIMB AND BRACE
EARNINGS STATEMENT AS OF 12/15/1997
FOR PERIOD BEGINNING 12/01/1996 AND ENDING 12/15/1996
FOR ALL LOCATIONS
EXPENSES:
COST OF SALES
7765 LAB EQUIPMENT - HAND TOOLS - P $1,029.34
7767 LAB SUPPLIES - MISC 722 $893.78
7770 INSURANCE - BUSINESS 723 $7,459.00
7771 INSURANCE - EMPLOYEE BENEFITS $280.46
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SUBTOTAL FOR COST OF SALES $9,662.58
OPERATING EXPENSE
7775 TELEPHONE 737 $507.15
7776 TELEPHONE - CELLULAR 737 $62.67
7780 MISC EXP - SUBSCRIPTIONS 732 $105.00
7785 POSTAGE - STAMPS 729 $427.34
7786 FREIGHT IN 729 $557.78
7788 VENDOR SALES TAX PD 729 $48.48
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SUBTOTAL FOR OPERATING EXPENSE $1,708.42
GENERAL EXPENSE
8810 A/P DISCOUNTS ALLOWED -$262.23
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SUBTOTAL FOR GENERAL EXPENSE -$262.23
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TOTAL EXPENSES: $40,813.24
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NET EARNINGS: $33,913.03