This automated form is made available compliments of CCH Business Owner's Toolkit [Your Company Name] Income Statement "For the Year Ended [Mmmm Dd, 200X]" Revenue: Gross Sales $0.00 Less: Sales Returns and Allowances $0.00 Net Sales $0.00 Cost of Goods Sold: Beginning Inventory $0.00 Add: Purchases $0.00 Freight-in $0.00 Direct Labor $0.00 Indirect Expenses $0.00 $0.00 Less: Ending Inventory $0.00 Cost of Goods Sold $0.00 Gross Profit (Loss) $0.00 Expenses: Advertising $0.00 Amortization $0.00 Bad Debts $0.00 Bank Charges $0.00 Charitable Contributions $0.00 Commissions $0.00 Contract Labor $0.00 Credit Card Fees $0.00 Delivery Expenses $0.00 Depreciation $0.00 Dues and Subscriptions $0.00 Insurance $0.00 Interest $0.00 Maintenance $0.00 Miscellaneous $0.00 Office Expenses $0.00 Operating Supplies $0.00 Payroll Taxes $0.00 Permits and Licenses $0.00 Postage $0.00 Professional Fees $0.00 Property Taxes $0.00 Rent $0.00 Repairs $0.00 Telephone $0.00 Travel $0.00 Utilities $0.00 Vehicle Expenses $0.00 Wages $0.00 Total Expenses $0.00 Net Operating Income $0.00 Other Income: Gain (Loss) on Sale of Assets $0.00 Interest Income $0.00 Total Other Income $0.00 Net Income (Loss) $0.00