IFSM 300 Make a spreadsheet for: Beans 'n Books' Growth Prediction July August September October November December Total Gross Coffee $10,581.40 Gross Book $9,456.60 Less Returns Net Sales Less cost of goods sold Gross profit on Sales Expenses Salaries $2,500.00 $2,500.00 $2,500.00 $2,500.00 $2,500.00 $2,500.00 Rent $2,400.00 $2,400.00 $2,400.00 $2,400.00 $2,400.00 $2,400.00 Advertising $200.00 $200.00 $200.00 $200.00 $200.00 $200.00 Operating costs $300.00 $300.00 $300.00 $300.00 $300.00 $300.00 Total expenses Net Income They predict that each month's Gross Coffee will increase 10% over the previous month (i.e. each month will be 110% of the previous month's Gross Coffee). For Gross Books a 5% month on month increase is predicted. Less Returns is 3% of the sum of the two grosses for the month. Net Sales is the sum of the two grosses minus the less returns. Less cost of Goods Sold is 60% of the sum of the grosses. Gross Profit on Sales is the Net Sales - Less Cost of Goods Sold. Total Expenses is the sum of the four expenses. Net Income is the Gross Profit on Sales - Total Expenses. Apply some formatting to improve the appearance of the spreadsheet. Add a chart that displays a line chart of the predictions of gross coffee sales, gross book sales, and net income for the six months.