For the balloon, frost a 2 1/2-inch cupcake with yellow frosting. Use purple, red, and chocolate frosting to pipe lines and decorations on top of the balloon. Make a small flag from red fruit leather wrapped around a piece of black shoestring licorice; secure at the top of the balloon. For the balloon basket, frost mini cupcake with chocolate frosting. Trim sugar wafer cookie to 1 1/2-inches by 1-inch rectangle and attach to the top of the mini cupcake; decorate with purple frosting and orange decors. Connect basket to balloon with pieces of black shoestring licorice.
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