Project 1

Retention
Previous Retention
Sub. Retention
Retention Paid in
Month
Revenues

10%
24200
9400
June
Jan.

Dec.

Construction Costs
Materials
Labor
Subcontract
Other
Total

126800

52900

March
88000
25700

25500
24900
51200
10200
111800

9900
10100
22400
4100
46500

16600
15600
32200
6800
71200

5000
5100
10400
2000
22500

114120

47610

79200

85780

52460

52680

Cash Receipts
Cash Disbursements

Feb.

Project 2
Retention
Previous Retention
Sub. Retention
Retention Paid in
Month
Revenues

10%
August
Jan.

11900

33300

March
42200
44600

3400
3700
1400
1300
9800

10300
9400
4300
4000
28000

11100
10700
4900
4400
31100

14700
14500
6300
5400
40900

Cash Receipts

10710

29970

37980

Cash Disbursements

18060

29270

35410

Construction Costs
Materials
Labor
Subcontract
Other
Total

Dec.

Project 3
Retention

5%

Feb.

Previous Retention
Sub. Retention
Retention Paid in

September

Month
Revenues

Dec.

Jan.

Feb.

March

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

Cash Receipts

Cash Disbursements

Construction Costs
Materials
Labor
Subcontract
Other
Total

Project 4
Retention
Previous Retention
Sub. Retention
Retention Paid in

10%
September

Month
Revenues

Dec.

Jan.

Feb.

March

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

Cash Receipts

Cash Disbursements

Construction Costs
Materials
Labor
Subcontract
Other
Total

Total
Month
Revenues
Materials
Labor
Subcontract
Other

Jan.

Dec.
138700
28900
28600
52600
11500

86200
20200
19500
26700
8100

Feb.
March
130200
70300
27700
19700
26300
19600
37100
16700
11200
7400

Construction Costs
Cash Receipts
Cash Disbursements

121600
0
0

Wages:
Social Security Rate
Social Security Limit
Medicare Rate
FUTA Rate
FUTA Limit
SUTA Rate
SUTA Limit

6.20%
106800
1.45%
0.80%
7000
2.50%
9000

Item

Owner
Wages
Social Security
Medicare
FUTA
SUTA
Estimator
Hours Per Week
Wage Rate
Wages
Social Security
Medicare
FUTA
SUTA
Bookkeeper
Hours Per Week
Wage Rate
Wages
Social Security
Medicare
FUTA
SUTA

Jan.

74500
124830
103840

Feb.

102300
77580
81730

March

63400
117180
88090

April

5000
310
72.5
40
125

5000
310
72.5
16
100

5000
310
72.5
0
0

5000
310
72.5
0
0

25
15
1625
100.75
23.5625
13
40.625

25
15
1625
100.75
23.5625
13
40.625

25
15
1625
100.75
23.5625
13
40.625

25
15
1625
100.75
23.5625
13
40.625

45
45
45
45
13.5
13.5
13.5
13.5
2778.75
2778.75
2778.75
2778.75
172.2825 172.2825 172.2825 172.2825
40.291875 40.291875 40.291875 40.291875
22.23
22.23
10.69
0
69.46875 69.46875 69.46875
17

Hourly Wages

4403.75

4403.75

4403.75

4403.75

Total Wages

9403.75

9403.75

9403.75

9403.75

Taxes

Social Security
Medicare
FUTA

583.0325 583.0325 583.0325 583.0325

136.354375 136.35438 136.35438 136.35438
75.23
51.23
23.69
13

SUTA
TOTAL
Tax Rate
Tax Calculations
Revenues
Plus Changes in Underbillings
Less Changes in Overbillings
Adjusted Revenues
Construction Costs
Gross Profit
Overhead--Cash Flow
Less 50% of Meals & Enter.

Less Office Equipment

Plus Past Depreciation
Plus New Depreciation
Total Deductible Overhead

235.09375 210.09375 110.09375

57.625
1029.710625 980.71063 853.17063 790.01188
25%
957300
7200
4500
960000
770000
190000
169682.3913
1302
2000
3000
400
169780.3913

Net Profit From Operations

20219.60875

Less Interest Paid

Plus Interest

Taxable Income
Estimated Taxes

3730
3079.49091
19569.09966
4892.274915

Item
Cash Receipts

Annual Cash Flow From Operations

Jan.
Feb.
March
April
124830
77580
117180
63270

Cash Disbursements
Overhead:
Advertising
Promotion
Car and Truck Expenses
Computer and Office Furniture
Employee Wages and Salaries
Employee Benefits
Employee Retirement
Employee Taxes
Insurance
Taxes & Licenses
Office Supplies
Office Rent

103840

81730

88090

74830

431
0
225

651
0
225

351.5
0
225

531.5
0
225
2000

9403.75
9403.75
9403.75
9403.75
525
525
525
525
282.1125 282.1125 282.1125 282.1125
1029.710625 980.71063 853.17063 790.01188
491.524375 689.52438 419.97438 581.97438
25
0
0
0
150
150
150
150
425
425
425
425

Office Utilities
Postage and Delivery
Janitorial and Cleaning
Telephone
Charitable Contributions
Dues and Memberships
Legal and Professional Services
Meals and Entertainment
Bank Fees
Miscellaneous
Total Overhead
Cash Flow From Operations

230
50
100
225
0
0

230
50
100
225
0
0

130
50
100
225
0
0

130
50
100
225
0
500

250
0
0
750
217
217
217
217
50
50
50
50
75
75
75
75
14185.0975 14279.098 13482.508 17011.349
6804.9025 -18429.098 15607.493 -28571.349

Interest Received
Loan Payments
Estimated Income Taxes

182.4665625 196.02222 126.46088 174.65117

575
575
575
575
0
0
0
0

Cash Flow After Income Tax

6412.369063 -18808.075 15158.953 -28971.698

Savings Account
Beginning Balance
Deposit or (Withdrawal)
Ending Balance

55000 61412.369 42604.294 57763.247

6412.369063 -18808.075 15158.953 -28971.698
61412.36906 42604.294 57763.247 28791.55

Monthly Labor Costs

28903.75

35703.75

29003.75

37903.75

Minimum Monthly Bank Balance

26096.25 25708.619 13600.544 19859.497

April

April

May

June

July

Aug.

Sept.

Oct.

Nov.

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

23130

53540

14360

21020

May
June
July
Aug.
70000
32200
45300
15200

Sept.

Oct.

Nov.

21500
19100
9500
7600
57700

8900
8800
3600
3100
24400

12800
12800
5400
5000
36000

4600
4100
1900
1700
12300

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

40140

63000

28980

40770

43150

47070

41950

29940

23460

10040

April

May
June
July
Aug.
36300
50800
61800
36100

6400
9400
6300
4000
26100

9400
12400
7600
5500
34900

10800
15100
10300
6500
42700

7400
8600
6000
3900
25900

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

34485

48260

58710

34295

9250

13400

30285

38220

33085

13100

1510

April

May

June

July

Sept.

Oct.

Nov.

Aug.
Sept.
Oct.
Nov.
0
19000
53200
61600
73700

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

0
0
0
0
0

4600
5300
2900
1800
14600

16500
16200
8700
5000
46400

16100
21500
9800
6900
54300

19900
21300
11800
7600
60600

17100

47880

55440

7100

28410

52730

53820

April
May
June
July
Aug.
Sept.
Oct.
Nov.
106300
83000
107100
51300
19000
53200
61600
73700
27900
18300
23600
12000
4600
16500
16100
19900
28500
21200
27900
12700
5300
16200
21500
21300
15800
11200
15700
7900
2900
8700
9800
11800
11600
8600
11500
5600
1800
5000
6900
7600

83800
63270
74830

May

59300
97485
72235

June

78700
130780
89180

July

38200
99480
56545

Aug.

14600
77445
30240

Sept.

46400
26350
29920

Oct.

54300
47880
52730

Nov.

60600
55440
53820

Dec.

5000
310
72.5
0
0

5000
310
72.5
0
0

5000
310
72.5
0
0

5000
310
72.5
0
0

5000
310
72.5
0
0

5000
310
72.5
0
0

5000
310
72.5
0
0

5000
310
72.5
0
0

25
15
1625
100.75
23.5625
4
40.625

25
15
1625
100.75
23.5625
0
21.875

25
15
1625
100.75
23.5625
0
0

25
15
1625
100.75
23.5625
0
0

25
15
1625
100.75
23.5625
0
0

25
15
1625
100.75
23.5625
0
0

25
15
1625
100.75
23.5625
0
0

25
15
1625
100.75
23.5625
0
0

45
45
45
45
45
45
45
45
13.5
13.5
13.5
13.5
13.5
13.5
13.5
13.5
2778.75 2778.75
2778.75 2778.75 2778.75 2778.75 2778.75 2778.75
172.2825 172.2825 172.2825 172.2825 172.2825 172.2825 172.2825 172.2825
40.291875 40.29188 40.291875 40.29188 40.29188 40.29188 40.29188 40.29188
0
0
0
0
0
0
0

4403.75

4403.75

4403.75

4403.75

4403.75

4403.75

4403.75

4403.75

9403.75

9403.75

9403.75

9403.75

9403.75

9403.75

9403.75

9403.75

583.0325 583.0325 583.0325 583.0325 583.0325 583.0325 583.0325 583.0325

136.35438 136.3544 136.35438 136.3544 136.3544 136.3544 136.3544 136.3544
4
0
0
0
0
0
0
0

40.625
21.875
0
0
0
0
0
0
764.01188 741.2619 719.38688 719.3869 719.3869 719.3869 719.3869 719.3869

May

June
July
Aug.
Sept.
Oct.
Nov.
Dec.
97485
130780
99480
77445
26350
47880
55440
66330
72235

89180

56545

30240

29920

52730

53820

74720

415
0
225

535.5
0
225

256.5
1000
225

95
0
225

266
0
225

308
0
225

368.5
0
225

577
1500
225

9403.75 9403.75
9403.75 9403.75 9403.75 9403.75 9403.75 9403.75
525
525
525
525
525
525
525
525
282.1125 282.1125 282.1125 282.1125 282.1125 282.1125 282.1125 282.1125
764.01188 741.2619 719.38688 719.3869 719.3869 719.3869 719.3869 719.3869
477.12438 585.5744 334.47438 189.1244 343.0244 380.8244 435.2744 622.9244
0
0
0
0
0
0
0
0
150
150
150
150
150
150
150
150
425
425
425
425
425
425
425
425

130
50
100
225
0
0

180
50
100
225
0
0

180
50
100
225
0
0

180
50
100
225
0
0

130
50
100
225
0
0

130
50
100
225
0
0

230
50
100
225
0
0

230
50
100
225
500
0

0
217
50
75
13513.999

0
250
0
0
250
0
0
217
217
217
217
217
217
217
50
50
50
50
50
50
50
75
75
75
75
75
75
75
13770.2 14468.224 12911.37 13186.27 13516.07 13481.02 15877.17

11736.001

27829.8 28466.776 34293.63 -16756.27 -18366.07

-11861 -24267.17

60.703536 96.12621 253.40538 396.7087 525.7027 438.1526 355.3395 273.7514

575
575
575
575
575
575
575
575
0
0
0
0
0
0
0
4892
11221.705 27350.93 28145.182 34115.33 -16805.57 -18502.92 -12080.68 -29460.42

28791.55 40013.25 67364.182 95509.36 129624.7 112819.1 94316.21 82235.52

11221.705 27350.93 28145.182 34115.33 -16805.57 -18502.92 -12080.68 -29460.42
40013.254 67364.18 95509.363 129624.7 112819.1 94316.21 82235.52 52775.1
30603.75 37303.75

22103.75 14703.75 25603.75 30903.75 30703.75 42803.75

-1812.2004 2709.504 45260.432 80805.61 104020.9 81915.38 63612.46 39431.77

Dec.

Dec.

Total
0
166600

0
0
0
0
0

31500
30800
65000
12900
140200

317600

226300

Total
0
282800

0
0
0
0
0

83900
79400
35900
31200
230400

294700

235200

Dec.

Total
0
185000

0
0
0
0
0

34000
45500
30200
19900
129600

185000

129600

Dec.
Total
115400
322900

32700
33400
17000
10800
93900

89800
97700
50200
32100
269800

66330

186750

74720

216780

Dec.
Total
115400
957300
32700
239200
33400
253400
17000
181300
10800
96100

93900
66330
74720

Total
60000
3720
870
56
225

300
180
19500
1209
282.75
56
225

540
162
33345
2067.39
483.5025
55.15
225.40625
52845
112845

6996.39
1636.2525
167.15

770000
984050
807880

675.40625
9475.1988

Total
984050
807880

4786.5
2500
2700
2000
112845
6300
3385.35
9475.1988
5551.3425
25
1800
5100

2110
600
1200
2700
500
500
1500
2604
600
900
169682.39
0
6487.6088
0
3079.4909
6900
4892
-2224.9003

-2224.9003