NOTE 8 - TELEPHONE AND FAX EXPENSE

Telephone and Fax Expense has been forecasted at $300, $320, & $340 per month for year's one, two and three respectively. As a result, the following yearly telephone expenses can be viewed under the forecasted financial statements.

Please note: Telephone & Fax Expense refers to long distance charges and service charges only. The budgeted amounts may seem high, however, J&B will be required to make a large number of long distance calls due to its planned promotional strategies.