Universal Energy Corp (UVSE)

[eddy2]

Land worth $100,000.00 minus the used material on the land giving a price of $50,000.00.


Material cost used to date is $100,000.00 total capital to date $200,000.00 value $50,000.00 finished property $300,000.00 plus rent of $ 1,500.00 a month minus $1000 in up keep and $5000 in tax's equals $18,000. minus $6000 equals $12,000.00 a year plus tax of $5000.00 equals $7000.00 in profit.


Depreciated assets after completion is $6000.00 a year with a $13,000.00 cash flow including the revenue of $7000.00 or there about.



Now lets look at a unfinished example tax $2500.00 depreciation or in this case capital surplus accumulated is $150,000.00 asset value of un finished project $50,000.00 cash flow $2,500.00 in tax rebate and no revenue to date. Assets shrinking as material is being were personal income is used as collateral for further funding depending on projected revenue and completion of project deadline.