Income Statement

Revenue:

-Dance Class Prices:
1 class a month= $45
2 class a month= $70
3 class a month= $85
4 class a month= $100
5 class a month= $120
6 class a month= $200
20 students per class

-Open hours for dance floor:
$50 to rent the dance floor space per hour.
(10 people max, if over max $10 dollars extra per person added)

TOTAL: Max Amount= $4000 unlimited class and $200 for ultimate open floor space 4 hours (+ if added amount of people)
              Min Amount= $900 1 class a month and $50 for 1 hour.




-Expensis:

-Dance Teachers:
=6 teachers
*2 Hip- Hop
*1 Jazz
*1 Tap
*1 African Dance
*1 Ballet
(teachers earn $50 dollars per class they teach)
(2 classes each per week)
(400 dollars per month each)
TOTAL= $4000 a month for all the teachers

-Utilities:
*Lights/ Electricity
*Water
*Air Conditioning
TOTAL= $900

-Rent:
*Amount Due=$1500
*Amount Due per person (6 business partners)= $250
TOTAL= $1500

-Media:
* Flyers=$200
* Bus stop sign=$300
* Radio Commercials=$500
TOTAL= $1000

Equation: Revenue= $4200- Expense= $7400 = Net Income= $-3200