Preheat oven to 350 and spray cake pans with pam baking spray

Using a hand mixer and large bowl, beat all cake ingredients until combined and smooth

Scoop ¾ C of batter into each of the 3 bowls

Mix in a few drops of pink food coloring into one bowl

Mix in a few drops of blue food coloring into the second bowl

Mix in a few drops of Leaf Green food coloring into the third bowl

Divide the remaining white batter between the 3 cake pans

Scoop each colored batter in dollops onto the white batter

Place into the oven and back for 28-32 minutes or until a toothpick comes out clean and allow it to cool completely

Using a standing mixer, beat all ingredients except for the color until it's combined and smooth but stiff with peaks.

Place one cake layer onto the cake board and cut the dome off the cake to make an even layer

Repeat step with other two layers

Scoop 1 C of white frosting onto the bottom layer and spread evenly

Place the second cake layer on top and spread evenly 1 more cup of frosting

Place the last layer of cake on top and frost with remaining white frosting

Place the cake in the fridge to allow the base frosting to harden for about 30 minutes

Coat the bottom of the layered cake with fruit loops

Carefully remove the balloon from the fridge and remove it from the bowl

Hold the chocolate part in your hand

Using a safety pin, carefully pop the balloon and remove it from the chocolate

Carefully place the chocolate bowl onto the top of the cake

Fill it halfway with the cereal

Cut and enjoy!