Explain your budget suggestions. Do you think Revenue will increase or decrease? Do you think Expenses will increase or decrease?

South Shore Medical Clinic
Income Statement
For the year ending December 31, 20X4
				ACTUAL	BUDGET
Revenues:
Service Fee Revenue				$ 160,000
Total Revenues
Expenses:
Advertising Expense				$ 20,000
Shipping Expense				$ 12,000
Salaries Expense				$ 80,000
Rent Expense				$ 32,000
Utilities Expense				$ 5,200
Total Expenses
Income:
Net Income				$ 10,800
Operating Margin: