2021 Profit and Loss Statement_Redacted~4.pdf

This document is a 2021 Schedule C (Form 1040) Profit or Loss From Business tax form for Snyder Creek Enterprises, doing business as Lincoln Trail Family Restaurant, filed by Melissa K. Wells as a sole proprietorship. The form details the restaurant's financial performance for the 2021 tax year, with gross receipts of $272,696 and a gross profit of $180,106 after subtracting cost of goods sold.

The tax document reveals various business expenses, including $4,143 for advertising, $6,378 for contract labor, $2,528 for employee benefit programs, $4,424 for insurance, $2,939 in supplies, $31,721 in taxes and meals, $8,253 for utilities, and $10,197 in credit card processing fees. Other notable expenses include accounting services, bank charges, pest control, telephone, and trash removal. The total business expenses for the year were $189,066, resulting in a tentative loss of $8,960. The document was submitted to the Department of Natural Resources, Division of Real Estate Services and Consultation, with a stamp indicating receipt on December 6, 2022.