PROBLEM STATEMENT: After a year, Kween Cookie Business needs to expand due to the market demand within and outside their community. Generate a revised financial projections to address the business expansion. The following should be considered: + Consider that the beginning cash is the cash ending of the first year of implementation that is equivalent to 85,900 pesos. + Initial sales for the first month of expansion is 12,000 packs. An increase of 7% per month based on the previous month sales thereafter. Example: first month is 500 packs, 2nd month is 535, 3rd month is 572.45 or 573 and so on... + To hire an additional one store in-charge which makes a total of 18,000/month salary. + ALL Operating Expenses EXCEPT for Salaries is increased by 30%% starting from the first month of the expansion. + To purchase additional equipment at Php 35,000 on the first month of expansion. Requirements: 1. Monthly Income Statement for the first year implementation of the expansion. 2. Cash Flow Projection for the first year implementation of the expansion