Typically:
Revenue $33,000
- Cost of Goods Sold $25,000
= Gross Profit $8,000
- Operating Expenses $3,000
- Interest Expense $0
= Net Profit $5,000
Remember, you get what you pay for. Please contact a tax professional.
Last edited by Baseball Rarities; 04-13-2016 at 06:24 PM.
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