Page 6 - Full Q1 Financial Report 2021
P. 6
Green Mountain Firewood
Profit and Loss
January 1 - March 26, 2021
TOTAL
Payroll
Current Employee Payroll 12,609.86
Payroll Settlements 20,036.47
Total Payroll 32,646.33
Plant Upgrades
Engineering 7,412.14
Replacement Parts 19,967.00
Total Plant Upgrades 27,379.14
Sales Commissions
Commissions
Broker Commissions 38,514.68
GMF Commissions 18,416.48
Total Commissions 56,931.16
Total Sales Commissions 56,931.16
Shipping, Freight & Delivery
Shipments to Canada Warehouse 698.22
Shipments to Falmouth Warehouse 1,561.54
Total Shipping, Freight & Delivery 2,259.76
Total Expenses $156,071.23
NET OPERATING INCOME $439,708.22
Other Income
INTEREST INCOME 0.10
Total Other Income $0.10
NET OTHER INCOME $0.10
NET INCOME $439,708.32
Accrual Basis Tuesday, March 30, 2021 05:51 PM GMT-04:00 2/2
