Allocate the annual budget, on a quarterly basis, over the year, given the information below (a)Sales 30 of sales occur in December The balance of sales occur equally over the remaining 11 months (b)Rental income is earned equally over the year (c)25 of grants and donations are received in March, June, Sept and Dec (d)User fees are earned in June and July 25 in June and 75 in July (e)Miscellaneous revenue is earned completely in December (f)Salaries are paid equally over the year (g)Wages allow the company to hire 4 summer students over the months of May to August (an equal amount is spent each month during that period) (h) Benefits expense is 1034 of monthly budgeted salaries (i)Monthly materials expense in incurred in the same proportion as sales see (a) (j)Contracted services are incurred equally in August and September (k)Utilities, rent and insurance expenses are incurred equally in each month (l)50 of advertising expenses are incurred in Nov and Dec The remaining 50 is spent equally over the balance of the year (m)Travel expenses are incurred 50 in May and 50 in October (n)The years total supplies are purchased in January