Vinod Devsi Das

REGENT LOGISTICS INC Profit and Loss January - December 2023 TOTAL Income Discounts/Refunds Given 1,606.32 Rental income 0.00 Sales of Product Income -13,496.61 Services 3,930,242.41 Total Income $3,918,352.12 Cost of Goods Sold Freight Expenses 2,584,799.48 Total Cost of Goods Sold $2,584,799.48 GROSS PROFIT $1,333,552.64 Expenses Advertising & Marketing 3,919.41 Ask My Accountant 0.00 Bank Charges & Fees 1,044.47 Bookkeeping Fee 1,240.00 Computer & Internet 3,586.20 Contractors 116,356.52 Depreciation 42,596.76 Dues & Subscriptions 6,925.58 Gas & Fuel 12,748.90 Gift Expenses 108.38 Health Insurance 28,408.36 Insurance 9,112.42 Legal & Professional Services 59,569.13 Meals & Entertainment 32,452.87 Medical Expense 2,048.03 Office expense 24,005.73 Office Supplies 16,260.33 Parking & Toll 83.20 Payroll Taxes 14,262.35 Property tax expense 51,811.53 Rent & Lease 15,202.08 Repairs & Maintenance 51,976.18 SEP retirement expense 39,000.00 Software 16,557.31 State income tax 41,106.00 Taxes & Licenses 2,092.48 Telephone 5,559.52 Training 5,610.98 Travel 27,133.52 Utilities 14,406.96 Wages & Salary 179,264.33 Total Expenses $824,449.53 NET OPERATING INCOME $509,103.11 Accrual Basis Monday, December 2, 2024 11:08 PM GMT+05:00 1/2 REGENT LOGISTICS INC Profit and Loss January - December 2023 TOTAL Other Income GAIN ON SALE OF ASSETS 2,844.01 Interest Earned 21,560.57 Total Other Income $24,404.58 Other Expenses Unrealized Gain or Loss 0.00 Total Other Expenses $0.00 NET OTHER INCOME $24,404.58 NET INCOME $533,507.69 Accrual Basis Monday, December 2, 2024 11:08 PM GMT+05:00 2/2