4. Pamela Cantu operates a school foodservice department in a small, rural community. She feeds approximately 1,000 students per day in three different locations. She receives an average of $1.20 in revenues per meal. Her budget, set at the beginning of the school year by the superintendent, is developed in such a way so that a small amount is to be reserved for future equipment purchases and dining room renovation. These funds are available, however, only if Pamela meets her budget. She hopes to use this year's reserve to buy a $5,000 refrigerated salad bar for the high school. Since it is the mid-point of her school year, help her determine her "performance to budget" (fill in all empty blanks). Item Budget Actual % of Budget Meals Served 300,000 149,800 49.9% Revenue 384,000 191,744 49.9% Food Expense 170,000 84,961 49.9% Labor Expense 125,000 63,752 51% Other Expense 60,000 31,460 52.4% Total Expenses 355,000 180,173 53.3% Reserve 5,000 Assuming the year is 50% completed and Pamela continues doing what she is doing, is she likely to meet the reserve requirement and thus be able to purchase the salad bar by the end of the year? If not, what changes should she make over the next 6 months to ensure that she will have the $5,000 in reserve