0,000 $60,000 $60,000 T&E $192,000 $192,000 $192.000 Office and Equipment $273,800 $276,300 $268.800 Utilities $52,750 $60,000 $60,000 Insurance, Fees & Misc Exp $64,000 $64,000 $64,000 Profit Sharing Total Operating Expenses $4,990,300 $5,394,400 $5,386,900 Operating Income $ (4,990,300) $ (5,394,40