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Roofus

07/18/23 4:56 AM

#10574 RE: Roofus #10573

Here is the Breakdown:

Total Revenue = $8,271,039
(Cost of Revenue = $6,526,681)
Gross Profit = $1,744,358

Total Operating Expenses = $2,082,494
Loss from Operations = ($338,136) (subtract $2,082,494 from $1,744,358)

That's a Loss (so far), but then, we add in ....

Total Other Income = $494,917 (which came as net from "Gain on Equipment Sale")

Loss of Operations ($338,136) + $494,917 ("Total Other Income" from the equipment sale)
Which computes ....

Net Profit = +$156,781

Which is a positive dollar amount ....