E9-2 Greatland Preschool operates a not-for-profit morning preschool that operates eight months of the year. The preschool has 175 kids enrolled in its various programs. The preschool's primary expense is payroll. Teachers are paid a flat salary each of the eight months as follows: (Click the icon to view additional information.) (Click the icon to view salary data) Requirements 1.Prepare Greatland Preschool's monthly operating budget. Round all amounts to the nearest dollar. 2.Using your answer from Requirement 1, create Greatland Preschool's budgeted income statement for the entire eight-month school year. You may group all operating expenses together 3.Greatland Preschool is a not-for-profit preschool. What might the preschool do with its projected income for the year? Requirement 1. Prepare Greatland Preschool's monthly operating budget Round all amounts to the nearest dollar. (Round amounts to the nearest dollar) Greatland Preschool Budgeted Monthly Operating Expenses Teachers' salary 2-day program 3-day program 4-day program 5-day program Director salary Total salary expense Payroll tax expense Lease expense Foxed operating expenses Variable operating expenses Total monthly operating expenses