Budget actual 2020 2020 February February Income Service rendered 8000 9000 Other income 2000 1700 Total 10000 10700 Expenditure Telephone Stationary 4000 5000 5000 5000 Taxes 4500 5000 Wage and salaries 20000 20000 Interest expense 1500 1800 total 35000 36800 Q1 Using the information above, prepare the variance report for Sodium Traders for February 2020. Q2 Sodium is expecting the services rendered to increase by 3%, wages and salaries to increase by 5% and interest expense to decrease by 2% in March 2020 based on the actual results for February 2020. Calculate the amounts that will be included in the budget for March 2020 for these three- line items