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ACT SERVICE CENTER

Statement of Comprehensive Income

For the year ended December 31, 2013

Sales 6,044,000

Cost of Sales 2,256,540

Gross Profit 3,787,460

Operating Expenses:

Marketing 916,300

Selling, General and Administrative 1,483,250 2,399,550

Income from operations:

Interest income (expense) (305,421)

Other income 242,866 (62,555)

Profit before tax 2,336,995

Income tax Expense 701,825

Total Comprehensive income 1,635,170

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COUNT MERCHANDISING COMPANY

Statement of Comprehensive Income

For the year ended December 31, 2013

Gross Sales 8,345,500

Sales Returns and Allowances 250,000

Sales Discount 95,000 345,000

Net Sales 8,000,500

Merchandise Inventory, beginning 2,950,000

Purchases 1,450,000

Freight 890,000

Cost of Goods Available for Sale 5,190,000

Merchandise Inventory, ending 1,510,000

Cost of Goods Sold 3,680,000

Gross Margin 4,320,500

Operating Expenses:

Advertising and Promotion 540,000General, Selling and Administrative 1,065,000 1,605,000

Income from Operations 2,715,500

Interest Income (Expense):

Interest income 214,150

Interest expense (305,152) 91,002

Income before Taxes 2,624,498

Income Tax Expense 787,348

Total Comprehensive Income 1,837,150

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SEE MANUFACTURING INCORPORATED

Statement of Comprehensive Income

For the year ended December 31, 2013

Gross Profit 51,250,000

Sales Returns and Allowances 900,000

Sales Discount 350,000 1,250,000

Net sales 40,000,000

Finished Goods Inventory, beginning 9,758,003

Cost of Goods Manufactured 14,500,940

Cost of Goods Available for Sale 24,258,943

Finished Goods Inventory, ending 7,425,050

Cost of Goods Sold 16,833,893

Gross Profit 23,166,107

General and administrative expenses 3,800,403

Advertising and promotions 1,700,670 5,501,073

Income from Operations 17,665,034

Net Loss for Joint Ventures (8,165,754)

Other Income 53,550

Income before Income Tax 9,552,830

Provision for Income Tax:

Current 731,511

Deferred (76,921) 654,590

Net Income After Income Tax 8,898,240

Other Comprehensive Income (Loss):

Translation adjustments (620,018)

Unrealized gain on available-for-sale financial assets 49,360 (250,256)

Total Comprehensive Income 8,647,984