Prepare Quarterly Budgets of TJ Maxx company (Develop your own forecasts for sales and other directly or indirectly linked items such as purchases, Selling & Administrative Expense, Cash Flows, and so on).

Provide rationale for your forecast assumptions. Show the forecast in a table form .

you can use the pic numbers if needed for reference or you can see the 10k report of TJ Maxx company.

TJX Income Statement As of 1/29/2022 \begin{tabular}{|cccc|} \hline \multicolumn{4}{|c|}{ Fiscal Year Ended } \\ \hline Jan 29, 2022 & Jan 30, 2021 & Feb 1, 2020 & Feb 2, 2019 \\ \hline$4,85,49,982 & $3,21,36,962 & $4,17,16,977 & $3,89,72,934 \\ \hline \end{tabular} \begin{tabular}{|rrrr|} \hline \multicolumn{4}{|c|}{ \% to Net Sales } \\ \hline Jan 29, 2022 & Jan 30, 2021 & Feb 1, 2020 & Feb 2, 2019 \\ \hline 100.0% & 100.0% & 100.0% & 100.0% \\ \hline \end{tabular} Not Sales Cost of Sales, incl. buying and occupancy \begin{tabular}{rrrr} & & & \\ 71.5% & 76.3% & 71.5% & 71.4% \\ \hline 28.5% & 23.7% & 28.5% & 28.6% \\ \hline 18.7% & 21.8% & 17.9% & 17.8% \\ \hline 0.5% & 1.0% & 0.0% & 0.1% \\ \hline 9.3% & 0.8% & 10.6% & 10.7% \\ \hline 0.2% & 0.6% & 0.0% & 0.0% \\ \hline 9.1% & 0.3% & 10.6% & 10.7% \\ \hline 2.3% & 0.0% & 2.7% & 2.9% \\ \hline 6.8% & 0.3% & 7.8% & 7.9% \\ \hline & & & \\ \hline 0.0% & 0.0% & 0.0% & 0.0% \\ \hline 2.5% & 3.7% & 2.9% & 3.2% \\ \hline 0.0% & 0.0% & 0.0% & 0.0% \\ \hline 2.5% & 3.8% & 2.9% & 3.2% \\ \hline & & & \\ \hline & & & \\ \hline & & \end{tabular} Net Income Additions to other comprehensive (loss) income Foreign currency translation adjustemnts, net of related tax provisions of $207 and $2,442 in fiscal 2022 and 2021 \begin{tabular}{ll|l|l|l} $(46,715) & $ & 15,588 & $ & (3,943) \end{tabular} respectively and tax benefits of $1,189 in fiscal 2020 Recognition of net gains/losses on benefit obligations, net of related tax benefit of $17,659 in fiscal 2022 , tax provision of $(48,504)$30,635$(56,275) Recognition of net gains/losses on benefit obligations, net of related tax benefit of $17,659 in fiscal 2022 , tax provision of $9.974 in fiscal 2021 and tax benefit of $20,489 in fiscal 2020 Reclassifications from other comprehensive loss to net income $(48,504)$30,635$(56,275) Amortization of loss on cash flow hedge, net of related tax proviisons of $603,$303, and $303 in fiscal 2022,2021 , and 2020 , (263)$831$831 respectively Amortization of prior service cost and deferred gains/losses, net of related tax provisions of $4,588,$7,298, and $6,019, \begin{tabular}{|ll|l|ll} $ & 14,403 & $20,046 & $ & 16,537 \end{tabular} in fiscal 2022,2021 and 2020 , respectively \begin{tabular}{lr|rrrrrr} Other comprehensive (loss) income, net & of tax & $ & (81,079) & $ & 67,100 & $ & (42,850) \\ \hline Total Comprehensive Income & $32,01,736 & $ & 1,57,570 & $32,29,343 \\ \hline \hline \end{tabular} TJX Balance Sheet As of 1/29/2022 $000 's \begin{tabular}{|c|c|c|c|c|} \hline Fiscal Year Ended & % Common Size Balance Sheet \\ \hline \end{tabular} Assets Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Jan 29,2022 Jan 30,2021 Feb 1, 2020 Cash \& cash eqivalents Accounts Receivable, net Merchandise Inventories Prepaid expense and other current assets Federal, State and Foreign income taxes recoverable Total Current Assets Net Property at cost Non-current deferred income taxes, net Operating lease right of use assets Goodwill Total Non-Current Assets Total Assets Liabilities Current Liabilities Accounts Payable Accured expense and other current liablities Current portion of operating lease liablities Current portion of long-term debt Federal, State, and freign income taxes paybable \begin{tabular}{|r|r|r|r|r|r|r|r|r|r|r|r|r|r|r|r|r|r|} \hline$44,65,427 & $48,23,397 & $26,72,557 & 15.7% & 15.7% & 11.1% & 20.8% & 20.2% & 15.4% \\ \hline$42,44,997 & $34,71,459 & $30,41,774 & 14.9% & 11.3% & 12.6% & 19.8% & 14.5% & 17.5% \\ \hline$15,76,561 & $16,77,605 & $14,11,216 & 5.5% & 5.4% & 5.8% & 7.4% & 7.0% & 8.1% \\ \hline$ & & $7,49,684 & $ & & 0.0% & 2.4% & 0.0% & 0.0% & 3.1% & 0.0% \\ \hline$1,81,155 & $81,523 & $24,700 & 0.6% & 0.3% & 0.1% & 0.8% & 0.3% & 0.1% \\ \hline \end{tabular} Shareholders Equity TJX Income Statement As of 1/29/2022 \begin{tabular}{|cccc|} \hline \multicolumn{4}{|c|}{ Fiscal Year Ended } \\ \hline Jan 29, 2022 & Jan 30, 2021 & Feb 1, 2020 & Feb 2, 2019 \\ \hline$4,85,49,982 & $3,21,36,962 & $4,17,16,977 & $3,89,72,934 \\ \hline \end{tabular} \begin{tabular}{|rrrr|} \hline \multicolumn{4}{|c|}{ \% to Net Sales } \\ \hline Jan 29, 2022 & Jan 30, 2021 & Feb 1, 2020 & Feb 2, 2019 \\ \hline 100.0% & 100.0% & 100.0% & 100.0% \\ \hline \end{tabular} Not Sales Cost of Sales, incl. buying and occupancy \begin{tabular}{rrrr} & & & \\ 71.5% & 76.3% & 71.5% & 71.4% \\ \hline 28.5% & 23.7% & 28.5% & 28.6% \\ \hline 18.7% & 21.8% & 17.9% & 17.8% \\ \hline 0.5% & 1.0% & 0.0% & 0.1% \\ \hline 9.3% & 0.8% & 10.6% & 10.7% \\ \hline 0.2% & 0.6% & 0.0% & 0.0% \\ \hline 9.1% & 0.3% & 10.6% & 10.7% \\ \hline 2.3% & 0.0% & 2.7% & 2.9% \\ \hline 6.8% & 0.3% & 7.8% & 7.9% \\ \hline & & & \\ \hline 0.0% & 0.0% & 0.0% & 0.0% \\ \hline 2.5% & 3.7% & 2.9% & 3.2% \\ \hline 0.0% & 0.0% & 0.0% & 0.0% \\ \hline 2.5% & 3.8% & 2.9% & 3.2% \\ \hline & & & \\ \hline & & & \\ \hline & & \end{tabular} Net Income Additions to other comprehensive (loss) income Foreign currency translation adjustemnts, net of related tax provisions of $207 and $2,442 in fiscal 2022 and 2021 \begin{tabular}{ll|l|l|l} $(46,715) & $ & 15,588 & $ & (3,943) \end{tabular} respectively and tax benefits of $1,189 in fiscal 2020 Recognition of net gains/losses on benefit obligations, net of related tax benefit of $17,659 in fiscal 2022 , tax provision of $(48,504)$30,635$(56,275) Recognition of net gains/losses on benefit obligations, net of related tax benefit of $17,659 in fiscal 2022 , tax provision of $9.974 in fiscal 2021 and tax benefit of $20,489 in fiscal 2020 Reclassifications from other comprehensive loss to net income $(48,504)$30,635$(56,275) Amortization of loss on cash flow hedge, net of related tax proviisons of $603,$303, and $303 in fiscal 2022,2021 , and 2020 , (263)$831$831 respectively Amortization of prior service cost and deferred gains/losses, net of related tax provisions of $4,588,$7,298, and $6,019, \begin{tabular}{|ll|l|ll} $ & 14,403 & $20,046 & $ & 16,537 \end{tabular} in fiscal 2022,2021 and 2020 , respectively \begin{tabular}{lr|rrrrrr} Other comprehensive (loss) income, net & of tax & $ & (81,079) & $ & 67,100 & $ & (42,850) \\ \hline Total Comprehensive Income & $32,01,736 & $ & 1,57,570 & $32,29,343 \\ \hline \hline \end{tabular} TJX Balance Sheet As of 1/29/2022 $000 's \begin{tabular}{|c|c|c|c|c|} \hline Fiscal Year Ended & % Common Size Balance Sheet \\ \hline \end{tabular} Assets Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Jan 29, 2022 Jan 30, 2021 Feb 1, 2020 Jan 29,2022 Jan 30,2021 Feb 1, 2020 Cash \& cash eqivalents Accounts Receivable, net Merchandise Inventories Prepaid expense and other current assets Federal, State and Foreign income taxes recoverable Total Current Assets Net Property at cost Non-current deferred income taxes, net Operating lease right of use assets Goodwill Total Non-Current Assets Total Assets Liabilities Current Liabilities Accounts Payable Accured expense and other current liablities Current portion of operating lease liablities Current portion of long-term debt Federal, State, and freign income taxes paybable \begin{tabular}{|r|r|r|r|r|r|r|r|r|r|r|r|r|r|r|r|r|r|} \hline$44,65,427 & $48,23,397 & $26,72,557 & 15.7% & 15.7% & 11.1% & 20.8% & 20.2% & 15.4% \\ \hline$42,44,997 & $34,71,459 & $30,41,774 & 14.9% & 11.3% & 12.6% & 19.8% & 14.5% & 17.5% \\ \hline$15,76,561 & $16,77,605 & $14,11,216 & 5.5% & 5.4% & 5.8% & 7.4% & 7.0% & 8.1% \\ \hline$ & & $7,49,684 & $ & & 0.0% & 2.4% & 0.0% & 0.0% & 3.1% & 0.0% \\ \hline$1,81,155 & $81,523 & $24,700 & 0.6% & 0.3% & 0.1% & 0.8% & 0.3% & 0.1% \\ \hline \end{tabular} Shareholders Equity