Profit & Loss [With Last Year] report


Profit & Loss [With Last Year] December 2010
			This Year	% of Sales	Last Year	LY% of Sales

Income
	Sales
		Retail Sales	$4,989.85	26.7%	$5,000.00	63.3%
		Wholesale Sales	$1,671.90	8.9%	$1,500.00	19.0%
		Consignment Sales	$12,045.00	64.4%	$1,400.00	17.7%
Total Income			$18,706.75	100.0%	$7,900.00	100.0%

Cost of Sales
	Retail Cost of Sales		$3,215.81	17.2%	$3,400.00	43.0%
	Wholesale Cost of Sales		$1,071.36	5.7%	$800.00	10.1%
	Consignment Cost of Sales		$5,946.20	31.8%	0.00	0.0%
Total Cost of Sales			$10,233.37	54.7%	$4,200.00	53.2%
Gross Profit			$8,473.38	45.3%	$3,700.00	6.8%

Expenses
	Car & Truck Expenses		$100.00	0.5%	$100.00	1.3%
	Freight Paid		$48.95	0.3%	$50.00	0.6%
	Insurance (other than health)		$45.00	0.2%	$75.00	0.9%
	Interest
		Other Interest	$750.00	4.0%	$750.00	9.5%
	Legal & Professional Services		$178.90	1.0%	$100.00	1.3%
	Lease Expenses
		Machinery & Equipment	$100.00	0.5%	$90.00	1.1%
		Other Business Property	$12.00	0.1%	$12.00	0.2%
	Supplies		$150.00	0.8%	$100.00	1.3%
	Taxes		$50.00	0.3%	$75.00	0.9%
	Travel, Meals & Entertainment
		Meals & Entertainment	$1,000.00	5.3%	$900.00	11.4%
	Utilities		$450.00	2.4%	$400.00	5.1%
	Wages Paid		$750.00	4.0%	$700.00	8.9%
Total Expenses			$3,634.85	19.4%	$3,352.00	42.4%
Operating Profit			4,838.53	25.9%	$348.00	4.4%
Other Income
Other Expenses
Net Profit/(Loss)			$4,838.53	25.9%	$348.00	4.4%