Budget exercise: The General Management of the Hotel El Turismo, provides you with the following parameters and requires your collaboration in the construction of the budget for the first semester of next year. 1. The projected occupancy is: January 90%, February 100% and March 95% 2. The average rate in the month of January will increase by 15% from that presented in the base month, while for the next few months it will remain the same as the rate for the month of January. 3. A&B sales will increase from March by 15%, while the rest will be equal to the base month. 4. Personnel expenses are estimated without variation with respect to the base month. 5. The rest of the expenses and costs are estimated to suffer an increase: in January of 10% with respect to the base month, February of 15% with respect to the base month and 18% with respect to the base month for March