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Earnings: 1 - Donations: we will expect 1 0 0 , 0 0 0 initial users with 1 0 % of users actually donating, the

Earnings:1- Donations: we will expect 100,000 initial users with 10% of users actually donating, the average annual donation per user will be 10$. with a 20% increase in application users annually.2- Grants: We are expecting 50,000$ as a grant.3- Sponsorships: we are expecting 2 sponsors with a yearly sponsorship of 25,000 each 4- Investors: we expecting 1 investor to invest 10,000$-Expenses: 1-App development: Application design will be outsourced to an development agency, We are expecting the application design to cost 50,000$, application maintenance afterwards will be done by staff which are paid in salaries, therefore there are no expenses incurred in app maintenance other than the salaries.2- Salaries: the salaries for Rog3a's staff are the following:*Application Developers (2): 21,500$ yearly each, totaling 43,000$*Road Repair Specialist(1): 16,600$ yearly*Public Relations Specialist(1): 12,800$ yearly*Finance and Administration Officer(1): 20,100$ yearlyAll salaries will be adjusted to inflation, with an expected inflation rate of 3% yearly. 3- Marketing: we are expecting marketing costs to be 20,000$ yearly with a 20% increase yearly 4-Contractors Repairs: we will be contracting with agencies at a rate of 35$ per meter, and we are expecting to cover 1,000 meters in the first year which totals to 35,000$ for the first year, and with an annual increase of meters covered by 20% according to the data provided, provide me with an income statement for 3 years adjusting for yearly increase accordingly, and a balance sheet as well adjusted for yearly increase accordingly

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