Jenny owns a large-scale swimming school - Women On Water.To become a member and student, individuals need to sign up for membership, of which there are three levels: Gold, Silver, and Bronze. Jenny has come to you for help in preparing her budgets for the next 12 months, ending 30 June 2024.

Based on expert marketing analysis, the number of memberships sold next year is expected to be 150 Gold, 100 Silver and 400 Bronze, and the membership fee is $5000, $2000, and $1000, respectively.

Gold members have 24-hour-a-day access, including night access to facilities; Silver members have daily access from 9 a.m. to 5 p.m., and Bronze members have access on weekends between 11 a.m. and 4 p.m.

Jenny has hired several employees (10) on various salaries:

1 coaching director  $150 000 per year
3 coaches   $90 000 each per year
2 trainers   $90 000 each per year
3 administrative staff  $80 000 each per year
1 medical staff   $70 000 per year

Jenny expects these operating expenses for the following 12 months:

Advertising expenses  $30 000
Insurance expense  $100 000
Pool supplies   $50 per student per year
Rental of pool   $300 000 per year

Required:
Prepare:

a Sales Budget for the year ending 30 June 2024.

a Labour Budget for the year ending 30 June 2024.

a budgeted Income Statement for the year ending 30 June 2024.