Word Document - Geate a Word Document explaining your expectations for additional funding to the Shark. - Name your file; Comfy,YourNamedocx - In your memo, either explain how the cash coming in is going to be sufficient fo fund growth OR outline how much additional cash will be needed. - You will most likely need to make up a few small charts to make your plan clear and readable. - Address what you beleve should be done with any excess cash (for eampler pay it out to the Speciale Brothers, keep it for a rainy day in cash, etc) OR if you think the company should kswe debt, equity, or a combination of both to fund the shortfall - Note: Points will be given not based on your choice but rather your justification of which you choose. Creating a Comfy Proforma Uking the percentage of sales approach and the company's expectations of sales in the chart below, create a proforma income statement and balance sheet. Determine any additional funding needed in prder to sustain the projected growth rate. The Shark wants her 30% of profits in the form of a cash dividend paid out. The Speciale brothers have promised to re-invest their money into the business for the first three years. The Comfy O is a product dreamed by the Speciale brothers, Michael and Brian. The Speciale Brothers hit the jackpot on Shark Tank and agreed to sell a 30%. stake in their business for $0,000 on Dec 31, 2020. The first year went amazing! The company went from just a few protypes they made to over $15million in sales. The company's first year results are given below. Note, like the real world, there is more information than you actually need to do this assigrment You need to figure out what to use. Ther have a negotiated contract with a manufacture in Bangladesh for the following orders: Shipping costs are $4 per Comfy (either to the customer directly or to the store/QVQ). Additionally, the brothers have rolled out an advertising platform and website thesomfy com 8 . Customer acquivition costs the cost of accepting credit cards and advertising on Facebook are approximately $6 per comfy and occur the same month as the sale, regardless of the venue sold