| Profit and Loss Statement | |
| Westmount Residence | |
| For the Year Nov 2013 -Oct 2014 | |
| Current Period | |
| Sales Revenue | |
| HSC Payments | 148,000 |
| Total Sales Revenue [J] | 148,000 |
| Cost of Sales | |
| Product/Service 1 | |
| Total Cost of Sales [K] | 0 |
| Gross Profit [L=J-K] | 148,000 |
| Operating Expenses | |
| Sales and Marketing | |
| Advertising | |
| Total Sales and Marketing Expenses [M] | 0 |
| Research and Development | |
| Technology licenses | |
| Patents | |
| Total Research and Development Expenses [N] | 0 |
| General and Adminstrative | |
| Wages and salaries | 42,000 |
| Outdoor maintainence | 350 |
| Supplies/Office | 1,000 |
| Meals and entertainment | 11,400 |
| Rent | |
| Telephone | 1,235 |
| Utilities | 4,886 |
| Depreciation | 2,500 |
| Insurance | 2,341 |
| Repairs and maintenance | 2,000 |
| Other expenses (specify) | |
| Other expenses (specify) | |
| Total General and Adminstrative Expenses [0] | 67,712 |
| Total Operating Expenses [P=M+N+O] | 67,712 |
| Income from Operations [Q=L-P] | 80,288 |
| Other Income [R] | |
| Taxes | |
| Payroll taxes | 2,696 |
| Real estate taxes | 2,100 |
| Total Taxes [S] | 4,796 |
| Net Profit [T=Q+R-S] | 75,492 |
