2022 2021
Assets:
Cash 1,233,000.67$
Accounts Receivable 8,000.00$
Total Current Assets 1,241,000.67$
Liablilities:
Accounts Payable 100,000.00$
Total Current Liabilities 100,000.00$
Long Term Debt 884,447.00$
Columbia Destroyers
Balance Sheet, December 31 2022 & 2021
2022 2021
Revenues:
Ticket Sales 658,000.00$
Total Revenues 1,384,000.00$
Operating Expenses:
Player Salary 195,000.00$
Football Operations 459,700.00$
Business Operations 597,000.00$
Ticket Tax 65,000.00$
Rent 64,155.00$
Total Operating Expenses 1,380,855.00$
Operating Income (Loss) 3,145.00$
Amortization of Franchise 66,666.67$
Interest expense 70,000.00$
Net income (loss) (110,113.00)$
Columbia Destroyers
Income Statement, 2022 & 2021
Balance of Retained Earnings, 12/31/21
Cash Flow from Operating Activities
Net Income
Additions
Depreciation
Amortization
Increase (decrease) in Accts Payable
Subtractions
Increase (decrease) in Accts Receivable
Cash Provided by Operating Activities
Cash Flow from Investing Activities
Acquisitions of Property, Plant, Equiptment
Cash Flow from Financing Activities
Increase (decrease) in Long Term Debt
Columbia Destroyers
Statement of Retained Earnings
For the Year Ended December 31, 2022
Columbia Destroyers
Statement of Cash Flows
For the Year Ended December 31, 2022
Equity Accounts Payable Accounts Receivable Retained Earnings Club Value
N
1,500,000.00$
R
100,000.00$
Q
8,000.00$ (110,113.00)$
A
1,000,000.00$
1,500,000.00$ 100,000.00$ 8,000.00$ (110,113.00)$ 1,000,000.00$
Cash Ticket Sales Concessions Parking Advertising Merchandise
B
1,000,000.00$ I 650,000.00$ J 140,000.00$
K
50,000.00$ L 456,000.00$ M 80,000.00$
G
(497,000.00)$
R
100,000.00$ C (115,553.00)$
P
(65,000.00)$
A
(1,000,000.00)$
D
(250,000.00)$
H
(64,155.00)$ 195,000.00$ 459,700.00$ 597,000.00$ 65,000.00$ 884,447.00$
C
(185,553.00)$
T
73,408.67$
Rent Equipment
H
64,155.00$
D
O
O
T
C
250,000.00$
N
Q
K
M
E
F
E
F
G
P