Create your own Pro Forma Income Statement and Pro Forma Balance Sheet for the business named "Leeca's Brew & Coffee". Both contain $4$ years. The start up capital is only $50,000.$ attached in the photo is the format for the income statement and for the income statement please put assumption, and don't include the rent expense and software expense. and here is the format for the balance sheet.

Assets

Current Assets

Cash

Inventory

Total Current Assets

Long$-$term Assets

Equipment

Machine & Fixtures

Vehicle

Furniture & Fixtures

Less: Accumulated Depreciation

Total Long$-$term Assets

TOTAL ASSETS

Liabilities & Capital

Current Liabilities

Payout to Investors $(32\%$ of net profits$)$

Total Liabilities

Owner's Equity

R$.$ Leong$-$on$,$ Capital

TOTAL LIABILITIES & OWNER'S EQUITY

Sales

Cost of Goods Sold

Gross Profits

Operating Expenses

Rent Expenses

Marketing Expenses

Salaries Expenses

Software Expenses

Depreciation Expenses

Repair and Maintenance

Total Operating Expenses

Operating Profits

Less:

Income Tax $($TRAIN Law$)$

Percentage Tax $(3\%)$

Business Tax $(2\%,$ City Hall$)$

Total Taxes

Net Profits

Assumptions: