2008 Jan/FEb 2009

Net revenue $1,524 $1,845

Salaries and wages $428 $451

Physician fees 533 600

Malpractice insurance 87 107

Travel and education 15 0

General insurance 22 28

Utilities 41 36

Equipment leases 4 5

Building lease 400 417

Other operating expenses 288 300

Total operating expenses 1818 1944

Table 2 Better Care Clinic Incremental Cost Data

Variable Costs:

Medical supplies $4.00 per visit

Administrative supplies $1.00

Total variable costs $5.00 per visit

Semi-fixed Costs:

Salaries and wages $100

Physician Fees $267

Total daily semi-fixed costs $367

Using this historical data I need to construct a forecasted profit and loss statement for the clinic's averday day for all of 2009 assuming the status quo. (no changes in utilizization, is the clinic projected to make a profit?)