Create a new form input component that allows the user to do some formatting such as "Bold", "Italic", "Lists", and "Links". However, please note in the backend, we only store the data in html format, so this component should export the formatted input as simple html. Take care of data sanitization since on the client side we are using dangerouslysetInnerHtml

Preview of the editor component:

Please feel free to comment and ask questions, if any. Thank you!