Proforma for Back 40 Group, Incorporated   (2010)
ITEM
Gross Sales
	Month 1	Month 2	Month 3	Month 4	Month 5	Month 6	Month 7	Month 8	Month 9	Month 10	Month 11	Month 12		TOTALS
Pleasant Valley Productions	$    344		$     600	$     600	$     800	$  1,000	$  1,500	$  2,000	$  4,000	$  4,000	$   5,000	$  5,000		$  24,844
Back 40 Books	$ 8,000	$10,000	$11,000	$10,000	$12,000	$14,000	$14,000	$20,000	$30,000	$40,000	$  55,000	$55,000		$279,000
Back40 Internet Innovators	$ 1,500	$  1,500	$  1,500	$  2,000	$  3,000	$  4,000	$  5,000	$  6,000	$  7,000	$  8,000	$   8,000	$  8,000		$  55,500
Internet Radio Innovators				$     500	$     500	$  1,000	$  1,000	$  2,000	$  3,000	$  4,000	$   5,000	$  5,000		$  22,000
Back 40 Forums		$     100	$     200	$     500	$     500	$  1,000	$  1,000	$  1,200	$  1,200	$  2,000	$   2,000	$  2,000		$  11,700
Fluffy Cat Records					$     500	$     500	$     500	$  1,000	$  1,000	$  2,000	$   2,000	$  2,500		$  10,000
TOTAL	$ 9,844	$11,600	$13,300	$13,600	$17,300	$21,500	$23,000	$32,200	$46,200	$60,000	$  77,000	$77,500		$403,044
Cost of Goods Sold
Back 40 General Store	$ 4,000	$  5,000	$  5,500	$  5,000	$  6,000	$  7,000	$  7,000	$10,000	$15,000	$20,000	$  27,500	$27,500		$139,500
Pleasant Valley Productions	$      86		$     150	$     150	$     200	$     250	$     375	$     500	$  1,000	$  1,000	$   1,000	$  1,000		$    5,711
Back 40 Internet Innovators			$     100	$     200	$     200	$     200	$     200	$     200	$     300	$     300	$      300	$     300		$    2,300
Internet Radio Innovators	$      58	$      65	$      70	$     100	$     100	$     150	$     200	$     250	$     300	$     350	$      350	$     350		$    2,343
Back 40 Forums	$      40	$      40	$      40	$      40	$      40	$      50	$      50	$      50	$      50	$      50	$        50	$      50		$      550
Fluffy Cat Records					$     100	$     100	$     200	$     200	$     300	$     300	$      300	$     300		$    1,800
Total Cost of Goods	$ 4,144	$  5,105	$  5,860	$  5,490	$  6,640	$  7,750	$  8,025	$11,200	$16,950	$22,000	$  29,500	$29,500		$152,204
Gross Profits	$ 5,700	$  6,495	$  7,440	$  8,110	$10,660	$13,750	$14,975	$21,000	$29,250	$38,000	$  47,500	$48,000		$250,880
Salaries (Schd)			$     840	$  1,120	$  2,720	$  4,100	$  6,000	$  7,000	$  8,500	$  8,500	$  10,000	$10,000		$  58,780
Benefits (@28%)			$     235	$     314	$     762	$  1,148	$  1,680	$  1,960	$  2,380	$  2,380	$   2,800	$  2,800		$  16,458
Commissions (@5% sales)
Contract Labor	$ 3,600	$  3,600	$  3,600	$  2,000	$  2,000	$     500								$  15,300
Sales Tax Expense	$        8	$        7	$        8	$        9	$      15	$      19	$      27	$      56	$     110	$     105	$      154	$     131		$      648
Web Hosting	$    400	$     400	$     400	$     400	$     450	$     450	$     500	$     500	$     500	$     500	$      500	$     500		$    5,500
Bldg/Equip
Depreciation - Equip	$    500	$     500	$     500	$     500	$     500	$     550	$     550	$     600	$     600	$     600	$      650	$     700		$    6,750
Furn/Fix
Amortization - Org Exp
Leasehold Improv
Leases	$ 1,500	$  1,500	$  1,500	$  1,500	$  1,500	$  1,500	$  1,500	$  1,500	$  2,500	$  2,500	$   2,500	$  2,500		$  22,000
Travel/Entr			$  1,000	$  1,000	$     300	$  1,000		$  1,000	$  1,000		$   1,000	$     800		$    7,100
Shipping/Freight	$    220	$     174	$     208	$     229	$     403	$     514	$     722	$  1,493	$  2,917	$  2,986	$   3,333	$  3,375		$  16,574
Insurance - Bus
Rent, Trade Show Space			$     400						$     400		$      600			$    1,400
Office Supplies	$    100	$     100	$     100	$     100	$     100	$     150	$     175	$     200	$     300	$     400	$      600	$     600		$    2,925
Phone/Fax	$      75	$     100	$     100	$     100	$     100	$     100	$     125	$     150	$     200	$     200	$      250	$     250		$    1,750
Postage/courier	$    220	$     174	$     208	$     210	$     402	$     514	$     694	$  1,388	$  2,777	$  2,777	$   3,819	$  3,472		$  16,655
Utilities	$    250	$     250	$     250	$     200	$     150	$     150	$     175	$     175	$     350	$     400	$      450	$     500		$    3,300
Alarms									$     100	$     100	$      100	$     100		$      400
Contributions									$     100	$     100	$      100	$     100		$      400
Licenses/Permits								$     100						$      100
Memships/Dues/Subscr	$    100	$     100	$     100	$     100	$     100	$     100	$     100	$     100	$     100	$     150	$      150	$     150		$    1,350
Promotion	$    160	$     200	$     220	$     200	$     240	$     280	$     280	$     400	$     600	$     800	$   1,100	$  1,100		$    5,580
Bad Debt									$      40	$      80	$      100	$     100		$      320
Bank Charges	$      30	$      30	$      30	$      40	$      50	$      60	$      70	$     100	$     100	$     100	$      150	$     150		$      910
Legal & Accounting	$    500	$     500	$     500	$     500	$     500	$     500	$     600	$  2,000	$  2,000	$  1,000	$   3,000	$  3,000		$  14,600
Merchant Fees	$      63	$      50	$     100	$      70	$     125	$     150	$     200	$     450	$     975	$  1,000	$   1,250	$  1,250		$    5,683
TOTAL EXPENSES	$ 7,726	$  7,684	$10,299	$  8,591	$10,417	$11,785	$13,399	$19,172	$26,548	$24,678	$  32,606	$31,578		$204,483
PRE-TAX PROFIT	$(2,026)	$(1,189)	$(2,859)	$   (481)	$     243	$  1,965	$  1,576	$  1,828	$  2,702	$13,322	$  14,894	$16,422		$  46,397