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Prepare a Budget, Income Statement and Balance Sheet for a Project Instructions: This is an individual assignment. Description Task Points 20 20 1. Identify a

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Prepare a Budget, Income Statement and Balance Sheet for a Project Instructions: This is an individual assignment. Description Task Points 20 20 1. Identify a project that Provide the name of the project (2), a will mitigate the impact of brief summary of the project (5), goal (2), COVID - 19 objectives (3), how it intends to mitigate the impact of COVID-19 (5) and the expected outcomes (3). Higher marks will be provided to projects that have a clear outcomes 2. Define the income and List all the income sources (5) and expenditure of the project expenditures (15) that you expect to have to implement your project. The more detail provided the higher the marks. 3. Create a budget Create a 5 year budget (5), taking into consideration a 10% inflation rate (2) between years. Higher marks will be provided to budgets that show a clear link between the Project outcomes (5) and the identified income and expenditure (3). Additional Income and expenses in future years will also yield higher marks (15) 30

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