Fan Company A December 31, Year 11 Year 11 Financial Data Wholesale Sales 1,697,063 Retail Sales 550 Units at $110 Sales Returns and Allowances (Wholesale Sales only) 2% of Sales Sales Discounts (Wholesale Sales only) 1.85% of Sales

	Year 11 Financial Data – Given

Fan Company A
December 31, Year 11

Year 11 Financial Data		General Partner Names	Profit/Loss Percentage
Wholesale Sales	1,697,063
Retail Sales	550 Units at $110		Partner A	20%
Sales Returns and Allowances (Wholesale Sales only)	2% of Sales		Partner B	50%
Sales Discounts (Wholesale Sales only)	1.85% of Sales		Partner C	30%

Expenses:
Cost of Goods Sold	874,725

Administrative Expenses:
Office Supplies	5,000
Office Machine Rental	6,000
Office Staff Payroll	60,000

Selling Expenses:
Advertising	150,000
Sales Base Pay	72,000
Sales Commission	2% of wholesale sales

Travel Expenses:
Airfare	25,000
Lodging	28,000
Miscellaneous	6,000

Depreciation Expense	45,000