You are considering opening a kiosk in the mall that will sell customizable aprons. you need to borrow money?

from the bank to get the business estimate that you will need approximately 20,000, the bank would like you to prepare an estimated profit statement showing what the company are. you will pay $6 for the aprons and will sell them for $10. You estimate that you can sell1,000 aprons per month. the cost to customize the aprons will be $1 per apron. the cost of rent of the kiosk will be 500/month. utilities will be 200 per month. wagesof worker per month. calculate the estimated profit of your company for the first year of operation.