=====================================================================================================================================================================================
                              January    February       March       April         May        June        July      August   September     October    November    December       Total
=====================================================================================================================================================================================
REVENUES                                                                                                                                                                             
                                                                                                                                                                                     
  Widget Sales (units)           3654        2345        3215        4322        2341        2765        2971        3245        2322        3456        3654        3216       37506
  Price each                     1.28        1.28        1.28        1.28        1.28        1.28        1.28        1.28        1.28        1.28        1.28        1.28        1.28
                           ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------
  Widget Sales ($)            4677.12     3001.60     4115.20     5532.16     2996.48     3539.20     3802.88     4153.60     2972.16     4423.68     4677.12     4116.48    48007.68
                                                                                                                                                                                     
  Gadget Sales (units)           4221        3452        3434        4567        2123        3334        2378        2445        4436        2980        2344        2399       38113
  Price each                     2.34        2.34        2.34        2.34        2.34        2.34        2.34        2.34        2.34        2.34        2.34        2.34        2.34
                           ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------
  Gadget Sales ($)            9877.14     8077.68     8035.56    10686.78     4967.82     7801.56     5564.52     5721.30    10380.24     6973.20     5484.96     5613.66    89184.42
                           ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========
                                                                                                                                                                                     
  TOTAL REVENUES             14554.26    11079.28    12150.76    16218.94     7964.30    11340.76     9367.40     9874.90    13352.40    11396.88    10162.08     9730.14   137192.10
=====================================================================================================================================================================================
COST OF SALES                                                                                                                                                                        
                                                                                                                                                                                     
  Widget materials            1461.60      938.00     1286.00     1728.80      936.40     1106.00     1188.40     1298.00      928.80     1382.40     1461.60     1286.40    15002.40
  Gadget materials            3165.75     2589.00     2575.50     3425.25     1592.25     2500.50     1783.50     1833.75     3327.00     2235.00     1758.00     1799.25    28584.75
  Freight                     1968.75     1449.25     1662.25     2222.25     1116.00     1524.75     1337.25     1422.50     1689.50     1609.00     1499.50     1403.75    18904.75
  Royalties                    628.94      473.19      527.18      704.08      348.54      489.02      412.72      436.53      563.82      500.11      453.25      430.37     5967.76
                           ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------
                                                                                                                                                                                     
  TOTAL COST OF SALES         7225.04     5449.44     6050.93     8080.38     3993.19     5620.27     4721.87     4990.78     6509.12     5726.51     5172.35     4919.77    68459.66
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
OTHER EXPENSES                                                                                                                                                                       
                                                                                                                                                                                     
  Research & Development      1100.00     1100.00     1100.00     1100.00     1100.00     1100.00     1100.00     1100.00     1100.00     1100.00     1100.00     1100.00    13200.00
  Depreciation                 985.00      985.00      985.00      985.00      985.00      985.00      985.00      985.00      985.00      985.00      985.00      985.00    11820.00
  Advertising                 1350.00     1350.00     1350.00     1350.00     1350.00     1350.00     1350.00     1350.00     1350.00     1350.00     1350.00     1350.00    16200.00
  Miscellaneous                650.25      490.45      544.58      727.23      359.39      505.82      424.97      449.17      585.82      515.39      465.51      442.78     6161.37
                           ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------  ----------
                                                                                                                                                                                     
  TOTAL OTHER EXPENSES        4085.25     3925.45     3979.58     4162.23     3794.39     3940.82     3859.97     3884.17     4020.82     3950.39     3900.51     3877.78    47381.37
=====================================================================================================================================================================================
TOTAL REVENUES               14554.26    11079.28    12150.76    16218.94     7964.30    11340.76     9367.40     9874.90    13352.40    11396.88    10162.08     9730.14   137192.10
TOTAL EXPENSES               11310.30     9374.89    10030.52    12242.61     7787.57     9561.10     8581.84     8874.95    10529.94     9676.90     9072.87     8797.55   115841.03
                           ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========
                                                                                                                                                                                     
PRE-TAX PROFIT                3243.96     1704.39     2120.24     3976.33      176.73     1779.66      785.56      999.95     2822.46     1719.98     1089.21      932.59    21351.07
TAXES                         1297.59      681.76      848.10     1590.53       70.69      711.87      314.22      399.98     1128.98      687.99      435.69      373.04     8540.43
                           ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========  ==========
NET PROFIT                    1946.38     1022.64     1272.15     2385.80      106.04     1067.80      471.33      599.97     1693.48     1031.99      653.53      559.55    12810.64
=====================================================================================================================================================================================
