Create an income statement Technology Development $ Virtual Platform Development 50,000.00 Software integration and customization 25,000.00 Server hosting and maintenance 15,000.00 Virtual Counter Sales 25,000.00 Discounts and allowances 700.00 Registration Fees (customers)- (1,000 members X CAD $20/month X 12 months) 240,000.00 Sponsorship Revenue 50,000.00 405,700.00 Marketing $ Digital marketing campaigns (social media, PPC): 30,000.00 Influencer partnerships 15,000.00 Website development and SEO 15,000.00 Online platform license and fees 35,000.00 Technical assistance 10,000.00 105,000.00 Operational Expenses $ Salaries and wages to staff & Benefits 100,000.00 Software updating and technology 20,000.00 Administrative expenses 20,000.00 Content creation and event management4 40,000.00 180,000.00