EXPENSES: (1) 2008 (2) 2009 (3) 2010

 Cost of goods sold: 1. $38,508

                             2. $52,109

                             3. $26,544

                               _______

                               $117.161

 

Cost of utilities:      1.$  17,965

                             2.$  19,415

                             3.$  17,318

                                _______

                                $  54,698

 

Cost of wages:       1. $  27,638

                             2. $ 30,019

                             3. $ 29,292

                                 _______

                                 $86,949

 

Cost of repairs:       1. $15,941

                             2. $  8,202

                             3. $15,072

                                 _______

                                $ 39,215

 

Cost of taxes:        1. $  6,085

                             2. $ 5,538

                             3. $ 5,390

                                 ______

                                 $17,013

 

Profit/loss:             1. $  7,546 profit

                             2. $13,622 loss

                             3. $  4,808 profit

*Note that most campgrounds sell alcoholic beverages and tobacco products and that the Buckhorne has never sold alcoholic beverages or tobacco products during the ten years the

Allens have owned the business.