Green Pasture is a 400 -acre farm on the outskirts of the Kentucky Bluegrass, specializing in the boarding of broodmares and their foals. A recent economic downturn in the thoroughbred industry has made the boarding business extremely competitive. To meet the competition, Green Pastures planned in 2020 to entertain dients, advertise more extensively, and absorb expenses formerly paid by clients such as veterinary and blacksmith fees. The budget report for 2020 follows. As shown, the static income statement budget for the year is based on an expected 22,300 boarding days at $25 per mare. The variable expenses per mare per day were budgeted: feed $5, veterinary fees $3, blacksmith fees $0.25, and supplies $0.55. All other budgeted expenses were either semifixed or fixed. During the year, management decided not to replace a worker who quit in March, but it did issue a new advertising brochure and did more entertaining of clients. Answer the following. Prepare a flexible budget report for the year. (List varible costs before fixed costs.) GREENPASTURES Income Statement Flexible Budget Report For the Year Ended December 31, 2020 Boarding days (BD) $ Veterinary fees Supplles GREENPASTURES Income Statement Fexible Budget Report fear Ended December 31, 2020 Difference Favorable Unfavorable \begin{tabular}{l} Actual \\ \hline 19,400BD \\ \hline \end{tabular} Neither favorable nor unfavorable $ $