Need help setting up a proforma balance sheet for the information below. Sales increase will stay the same for year one and year two while we continue to grow our company at a 5% increase per month, and an increase in sales is expected in Year 3 at 7% per month. Sales Year 1 -119,378 Year 2 -214,387 Year 3 -440,932
The start-up cost for Pawsitive Pet Care will be provided through a
bank loan in the amount of 4,000,000 from Chase Bank at a 5% interest rate.
Facility	$1,200,000
Product inventory	$9,924
Salaries and Wages	$207,360
Land	$950,000
Legal Fees and Taxes	$200
Advertisement	$25,000
Insurance	$2,000
Vehicle	$25,000
Utilities	$5,000
Business License	$350
Website	$45
Pet First Aid Class	$150
Total required for start-up	$2,424,529