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SUNSHINE LAND DESIGN, INC. <br />STATEMENT OF INCOME <br />FOR THE YEAR ENDED DECEMBER 31, 2014 and 2013 As Restated <br />(Read Accountant's Independent Review Report) <br />2014 2013 As Restated <br />Contract Revenue $ 9,042,827 $ 10,436,869 <br />Cost of Revenues Earned (8.?66.409) ( 8.489.798) <br />Gross Profit 776,418 1,947,071 <br />General and Administrative Expenses ( 1.566.310) ( 1.524.310) <br />Income From Operations ( 789.892) 422.761 <br />Other Income (Expenses) <br />Gain (Loss) on Sale of Equipment 21,000 59,011 <br />Miscellaneous Income 12,679 0 <br />Interest and Dividend Income 65 229 <br />Interest Expense ( 35,911) ( 39.028) <br />Total Other Income (Expenses) <br />Income (Loss) Before Income Taxes <br />Provision for Income Taxes <br />Current Income Tax Benefit (Expense) <br />Deferred Income Tax Benefit (Expense) <br />( 2.167) 20.212 <br />( <br />792,059) 442,973 <br />211,612 <br />26.006 <br />( 150,706) <br />48.707 <br />Net Income from Operations $ ( 554,441) $ 340.974 <br />The accompanying notes are an integral part of these financial statements. <br />3 <br />