Please choose a restaurant as a business Balance Sheet · Prepare a balance sheet with projected amounts for the opening day, year 1, year 2, and year 3 end. Keep the categories the same so that you are comparing the same details. Costs and Expenses · Create a Costs and Expenses worksheet based on the details of your business plan. Estimate the monthly and annual amounts for each expense. Make a note for irregular amounts like semi-annual licenses or large inventory purchases then indicate lump-sum amounts or estimate the approximate monthly costs. Attach this as an appendix. Income Statement · Prepare an Income statement with projected income for the first, second, and third years of business. Attach this chart to your plan as an appendix.