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12 Months Ended 12 Months Ended <br />Dec. 31, 2017 Dec. 31, 2016 Variance Percentage <br />Sales <br />301 - Sales - Services 120,502$68,485$52,017$76 <br />Total Sales 120,502 68,485 52,017$76 <br />Cost of Goods Sold <br />402 - Printing 529 735 206 28 <br />403 - Photography 0 45 45 100 <br />404 - Writing 9,000 0 (9,000)0 <br />406 - Outside Services 12,000 0 (12,000)0 <br />407 - Stock Photography 235 134 (101)(75) <br />408 - Photo Props 213 11 (202)(1,836) <br />409 - Fonts 939 397 (542)(137) <br />410 - Supplies 64 648 584 90 <br />412 - Delivery Services 0 18 18 100 <br />413 - Entry Fees 370 0 (370)0 <br />Total Cost of Goods Sold 23,350 1,988 (21,362)(1,075) <br />Gross Profit 97,152 66,497 30,655 46 <br />Operating Expenses <br />505 - Internet Services 0 239 239 100 <br />508 - Consulting Services 12,186 0 (12,186)0 <br />509 - Outside Services 3,000 1,374 (1,626)(118) <br />512 - Freight & Postage 389 115 (274)(238) <br />516 - Officers Salaries 20,000 20,000 0 0 <br />529 - Telephone 3,231 3,841 610 16 <br />530 - Repairs & Maintenance 1,095 1,233 138 11 <br />532 - Gifts 2,983 1,131 (1,852)(164) <br />534 - Advertising & Promotion 0 1,118 1,118 100 <br />535 - Insurance 2,112 0 (2,112)0 <br />537 - Officers Life Insurance 1,017 1,124 107 10 <br />538 - Meals & Entertainment 1,281 1,170 (111)(9) <br />539 - Travel & Lodging 2,033 679 (1,354)(199) <br />541 - State Income Tax 312 159 (153)(96) <br />542 - FICA Tax 1,530 1,530 0 0 <br />D773 Sparc Design, Inc <br />COMPARATIVE STATEMENT OF INCOME <br /> PREPARED WITHOUT AUDIT, FROM INFORMATION SUBMITTED BY CLIENT