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Carlobos Jethro Company

Income Statement
For the Eleven Months Ending November 30, 2017

Current Month Year to Date

Revenues
Sales - Qube CCTV $ 1,392,937.00 100.00 $ 12,769,519.00 100.00
Purchase Discount 0.00 0.00 0.00 0.00

Total Revenues 1,392,937.00 100.00 12,769,519.00 100.00

Cost of Sales
Cost of Sales 994,955.00 71.43 9,121,085.00 71.43

Total Cost of Sales 994,955.00 71.43 9,121,085.00 71.43

Gross Profit 397,982.00 28.57 3,648,434.00 28.57

Expenses
Salaries and Wages 39,600.00 2.84 514,800.00 4.03
Rent Expenses 0.00 0.00 420,000.00 3.29
Advertising Supplies 0.00 0.00 10,200.00 0.08
Supplies Expense 0.00 0.00 0.00 0.00
Delivery Expenses 0.00 0.00 0.00 0.00
Insurance Expenses 0.00 0.00 0.00 0.00
Doubtful Accounts Expense 0.00 0.00 0.00 0.00
Depr. Exp. - F&F 7,954.57 0.57 7,954.57 0.06
Depr. Exp.- Computer Equipment 25,770.82 1.85 25,770.82 0.20
Depr. Exp.- Leasehold Improve 54,694.44 3.93 54,694.44 0.43
Utilities Expense 0.00 0.00 90,000.00 0.70
Packaging Supplies 0.00 0.00 6,000.00 0.05
Misc. Expenses 1,000.00 0.07 7,000.00 0.05

Total Expenses 129,019.83 9.26 1,136,419.83 8.90

Net Income $ 268,962.17 19.31 $ 2,512,014.17 19.67

For Management Purposes Only