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Consolidated Statement of Income
3 Months Ended
Mar. 31, 2020
USD ($)
Income Statement [Abstract]  
REVENUES (all media, fees & licenses) $ 90,541
Net, Collected Revenues 3,769
Additional Invoiced Sales 86,772
Reserve for Potential Returns
ADJUSTED REVENUES FOR PERIOD 90,541
COST OF SALES  
Commissions
Sales and Marketing
Video Mfg & Releasing Costs
Film & Book Royalties
Freight
Other Expenses (Ads, PR, Publicity)
TOTAL COST OF SALES
GROSS PROFIT 90,541
GENERAL AND ADMINISTRATIVE EXP. 40,642
INCOME FROM OPERATIONS 49,899
INTEREST EXPENSES 7,502
OTHER EXPENSES (SALARY DEFERRALS)    
INCOME BEFORE TAXES 42,397
PROVISION FOR INCOME TAXES
NET INCOME 42,397
RETAINED EARNINGS (Beginning of Period) 3,864,200
RETAINED EARNINGS (End of Period) $ 3,906,597