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Profit & Loss Statement
Revenue, expenses, and net income overview
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Profit & Loss Statement
Revenue
Production fees
$450,000
Post-production services
$125,000
Total Revenue
$575,000
Cost of Goods Sold
Direct labor
$180,000
Equipment rentals
$45,000
Location costs
$32,000
Total COGS
$257,000
Gross Profit
$318,000
55.3% margin
Operating Expenses
Salaries & wages
$125,000
Office & overhead
$32,000
Marketing
$18,000
Insurance
$12,000
Total Operating Expenses
$187,000
Net Income
Bottom line profit
$131,000
22.8% net margin