Labor (profit)
Parts (at cost)
Tax set-aside
Invoiced this week—
Parts (no markup — pass-through)—
Labor billed—
Gross profit—
Tax set-aside (25%)—
Take-home—
Couldn't classify — counted as profit
Parts are billed at cost with no markup, so parts net to zero and labor is the profit line. Tax set-aside is an estimate, not filed tax.