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olor <br /> girf <br /> NUNEZ CONSTRUCTION, INC. <br /> STATEMENT OF OPERATIONS AND RETAINED EARNINGS <br /> r FOR THE YEAR ENDED DECEMBER 31,2017 <br /> mor <br /> (READ THE INDEPENDENT ACCOUNTANTS' REVIEW REPORT) <br /> Ir <br /> Revenues <br /> Contracts Completed (schedule) $ 1,486,050 <br /> fir► Contracts in Progress (schedule) 3,425,343 <br /> +fir 4,911,393 <br /> tir <br /> Cost of Revenues 3,774,952 <br /> Gross Profit 1,136,441 <br /> General and Administrative Expenses" 624,329 <br /> tip <br /> +fir <br /> Net Income • 512,112 <br /> Retained Earnings-Beginning 542,990 <br /> Stockholder Profit Diitrbutions (615,588) <br /> Retained.Ea nings -Taid $ 439,514 <br /> yisr <br /> tit <br /> Oir <br /> r <br /> 410, <br /> The accompanying notes to the financial statements are an <br /> integral part hereof and should be read. -5- <br /> %r <br /> y1r <br />