3. Zheng Chung is the managing owner of the Stillwater Grill. Last year was good year for him. Now he is preparing his budget for next year. Using the information that Zheng believes will be true, help him complete the dollar and percentage amounts in the budget worksheet that follows and then answer the questions he has about next year. I. upon his sales histories, sales projections, and cost records, Zheng predicts that next year his operation will experiene The Stillwater Grill Budaet Worksheet for Next Year (contin 442 Chapter 11 Budgeting and insornal Controls if inakinakin + is b. What will be Zheng's total cost of sales next year? c. What will be the amount Zheng will spend on managetrient, staff, and employee benefits nexa year? d. What is the estimated amount of income taxes Zheng will pay next year? e. What does Zheng estimate will be his operation's net incoene percentage (profit margin) next yeart How will that compare to las year's percentage