Evansville Preschool operates a not-for-profit morning preschool that operates eight months of the year. The preschool has 190 kids enrolled in its various programs. The preschoofs primary expense is payroll Teachers are paid a flat salary each of the eight months as follows (Click the icon to view salary data) (Click the loon to view additional information.) Requirements . Prepare Evansville Preschool's monthly operating budget Round all amounts to the nearest dollar. 2 Using your answer from Requirement 1, create Evansville Preschoofs budgeted income statement for the entire eight-month school year. You may group all operating expenses together. 3. Evansville Preschool is a not-for-profit preschool. What might the preschool do with its projected income for the year? Evansville Preschool Budgeted Monthly Operating Expenses Teachers" salary 2-day program 3-day program 4-day program s-day program Director salary Total salary expense Payroll tax expense Lease expense Fixed operating expenses Variable operating expenses Total monthly operating expenses i Salary data Teachers of two-day program: Teachers of three-day program: Teachers of four-day program: Teachers of five-day program: Preschool director's salary: $428 per month $657 per month $856 per month $1,075 per month $1,500 per month Evansville Preschool has 9 two-day program teachers, 4 three-day program teachers, 5 four-day program teachers, and 4 five-day program teachers. The preschrgram teachers, and 4 program teachers. The preschool also has a director. also has a diretod More Info In addition to the salary expense, the preschool must pay federal payroll taxes (FICA taxes) in the amount of 7.65% of salary expense. The preschool leases its facilities from a local church, paying $4,050 every month it operates. Fixed operating expenses (telephone, Internet access, bookkeeping services, and so forth) amount to $890 per month over the eight-month school year. Variable monthly expenses (over the eight-month school year) for art supplies and other miscellaneous supplies are $13 per child. Revenue for the entire eight-month school year from tuition, registration fees, and the lunch program is projected to be $241,300