Reference no: EM132203773

You are considering starting a clinic.  Your financial projections for the first year of operations are as follows:

                        Revenues (10,000 visits)               $400,000

                        Wages and benefits                        220,000

                        Rent                                                5,000

                        Depreciation                                   30,000

                        Utilities                                           2,500

                        Medical supplies                            50,000

                        Administrative supplies                    10,000

all costs are fixed except supply costs, which are variable. Also, assume that the clinic must pay taxes at a 30 percent rate.  

Need the clinic's projected P&L statement.