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Budget Exercise Use an Excel spreadsheet to make the necessary computations of your monthly budget. Send the sheet through the designated assignment area. You must break down the two main areas as: Income and Expenses, and at the end, indicate the profit or loss obtained. The information for the various budget activities is shown below. The budget month is January of the current year and you had a budget of $32.50 as of that date. 1. You receive a check from a relative as an overdue gift for the Christmas holidays, which is for $125. 2. You washed your brother's car for which he gave you $20. 3. You went out to eat with friends and spent $23.50. 4. You had to purchase some educational materials, which amounted to $18.75. 5. On January 15, you received your biweekly salary. You worked 20.5 hours and were paid 8.15/hour. You get a discount of 8.5% for the various deductions. payroll. 6. Your spouse has a birthday on January 18 and wants a nice dinner. You estimate that the expense will be $75.00. 7. You need to go to the stylist during the second week of January; the cost is $15. 8. Each week you spend $25 on gas for your car. 9. You decide that, in addition to taking your partner out to eat, you want to buy some tickets for a meal. concert tickets. The individual cost of each ticket is $75.00. 10. You have a daily expense of $7.50 for meals. Questions to answer: 1. What is the balance at the end of January? 2. According to the module you have studied, what strategies or actions would you take to improve your finances? Mention at least three and explain them