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Can you please prepare the following Proforma statement for a start- up business plan. I have attached an income statement which you may use or

Can you please prepare the following Proforma statement for a start- up business plan. I have attached an income statement which you may use or create new figures. please note the comamy deals with online tutoring (service) for college students.
1. Income statement
2. Balamce sheet
3. Cash flow statements
image text in transcribed
Can you please use your own figures to do the statements also add in any other asset or account which are necessary and related to the nature of business.
  • Cash
  • Building
  • Machinery
  • Equipment
  • Office supplies
  • Accounts receivable
  • short term investiments
  • prepaid rent
6.1. Proforma Income Statements FY2023 FY2024 FY2025 FY2026 Year FY2022 Virtual classroom sales $60,000 In-person sales $10,000 Other Revenue (Ads) $0 Total Revenue $70,000 Cost of Goods Sold $38,500 Gross Profit $31,500 Salaries $7,200 Insurance $3,300 Office Rent $6,000 Legal Counsel $1,200 Marketing $10,000 Server fees $5.000 Total Overhead $32,700 Operating EBITDA -$1,200 Capital Expenditures -$50,000 Cash Needed** -$51.200 Table 10. Proforma Income Statements $90,000 $15,000 $0.0 $105,000 $57.750 $47,250 $10,800 $3,300 $6,000 $1,200 $15,000 $8,000 $44,300 $2,950 -$40,000 -$37.050 $180.000 $30,000 $5,000 $215,000 $118,250 $96,750 $27.000 $5.000 $6,000 $720 $10,000 $15,000 $63,720 $33,030 -$19.000 $18.030 $270,000 $45,000 $8,000 $323,000 $177,650 $145,350 $54.000 $5,000 $7,200 $720 $8,000 $15,000 $89,920 $55,430 -$10,000 $45,430 $540,000 $90,000 $10,000 $640,000 $352,000 $288,000 $75,000 $5,000 $7,200 $720 $8,000 $15,000 $110,920 $177,080 $5,000 $172,080 6.1. Proforma Income Statements FY2023 FY2024 FY2025 FY2026 Year FY2022 Virtual classroom sales $60,000 In-person sales $10,000 Other Revenue (Ads) $0 Total Revenue $70,000 Cost of Goods Sold $38,500 Gross Profit $31,500 Salaries $7,200 Insurance $3,300 Office Rent $6,000 Legal Counsel $1,200 Marketing $10,000 Server fees $5.000 Total Overhead $32,700 Operating EBITDA -$1,200 Capital Expenditures -$50,000 Cash Needed** -$51.200 Table 10. Proforma Income Statements $90,000 $15,000 $0.0 $105,000 $57.750 $47,250 $10,800 $3,300 $6,000 $1,200 $15,000 $8,000 $44,300 $2,950 -$40,000 -$37.050 $180.000 $30,000 $5,000 $215,000 $118,250 $96,750 $27.000 $5.000 $6,000 $720 $10,000 $15,000 $63,720 $33,030 -$19.000 $18.030 $270,000 $45,000 $8,000 $323,000 $177,650 $145,350 $54.000 $5,000 $7,200 $720 $8,000 $15,000 $89,920 $55,430 -$10,000 $45,430 $540,000 $90,000 $10,000 $640,000 $352,000 $288,000 $75,000 $5,000 $7,200 $720 $8,000 $15,000 $110,920 $177,080 $5,000 $172,080

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