Consider the following scenario: Imagine you are a manager of a small health care facility and in charge of developing a projected annual operating budget. Your budgetary figures are as follows: For fiscal year 2015 and 2016 your clinic received $3 million from the government as fee-for-services reimbursements, as well as $1.1 million from private payers. The clinic has an annual fund- raiser that historically brings in $180,000 and a grants department that brings in $1.2 million annually Your chief financial officer has provided you with the following annual expenses: ABC Health Care Annual Expenses Annual salaries $1.5 million $240,000 Annual benefits $960,000 Annual rent $45,000 Annual insurance Annual depreciation $780,000 $180,000 Annual overhead $60,000 Annual supplies