Cash Flow Statement

Harry and Francis Smith
Cash Flow Statement

	1995	Alternative Scenarios
	Current	Disability	Death	Retirement
Cash Inflows
Business Income	$50,000	$0	$0	$0
Business Expenses	15,000	0	0	0
Salary	100,000	0	0	0
Dividends	500	500	500	0
Interest	6,000	6,000	6,000	0
Other	0	0	0	0

Total	171,500	6,500	6,500	0

Less
Federal Taxes	50,000	0	40,000	40,000
FICA Taxes	9,600	0	0	0
State Taxes	5,000	0	10,000	10,000
Other Taxes

Total Net Cash Inflows	106,900	6,500	(43,500)	(50,000)

Cash Outflows
Mortgage Payment	20,000	20,000	0	0
Taxes and Insurance	7,000	7,000	7,000	7,000
Living Expenses	50,000	50,000	50,000	50,000
Insurance - Health	0	0	0	0
Insurance - Liability	0	0	0	0
Insurance - Life	2,000	2,000	0	0
Insurance - Disability	3,000	0	0	0
Contributions	5,000	5,000	5,000	5,000
Increased Travel, etc.	0	0	0	10,000

Total Cash Outflows	87,000	84,000	62,000	72,000

Available for Investments	19,900	(77,500)	(105,500)	(122,000)

After Tax Retirement Contributions	2,000	0	0	0
Mortgage Payoff	2,500
Education Needs Funding	5,000	0	0	0

Excess (Deficiency)	$10,400	($77,500)	($105,500)	($122,000)