Danville Preschool operates a not-for-profit morning preschool. Each family pays a nonrefundable registration fee of $105 per child per school year. Monthly tuition for the eight-month school year varies depending on the number of days per week that the child attends preschool. The monthly tuition is $140 for the two-day program, $160 for the three-day program, $185 for the four-day program, and $200 for the five-day program.
The following enrollment has been projected for the coming year:
Two-day program ................................................................................ 82 children
Three-day program ............................................................................. 50 children
Four-day program ............................................................................... 52 children
Five-day program ................................................................................ 18 children
In addition to the morning preschool, Danville Preschool offers a Lunch Bunch program where kids have the option of staying an extra hour for lunch and playtime. The preschool charges an additional $2 per child for every Lunch Bunch attended. Historically, half of the children stay for Lunch Bunch an average of 10 times a month.
Requirement
Calculate Danville Preschool's budgeted revenue for the school year.