JUST REQUIREMENT 3 PLEASE!!!

Begin Here Preschool operates a not-for-profit morning preschool that operates nine months of the year. The preschool has 162 kids enrolled in its various programs. The preschool's primary expense is payroll. Teachers are paid a flat salary each of the nine months as follows: BE: (Click the icon to view salary data) (Click the icon to view additional information.) Requirements 1. Prepare Begin Here Preschool's monthly operating budget. Round all amounts to the nearest dollar. 2. Using your answer from Requirement 1, create Begin Here Preschool's budgeted income statement for the entire nine-month school year. You may group all operating expenses together, 3. Begin Here Preschool is a not-for-profit preschool. What might the preschool do with its projected income for the year? For the Year Ended Tuition, registration fees, and lunch bunch revenue $ 235,000 (208,476 Operating expenses 26,524 Operating income Requirement 3. Begin Here Preschool is a not-for-profit preschool. What might the preschool do with its projected income for the year? From the budgeled income statement, Begin Here Preschool leams that it has projected operating income for the year. Since the preschool is a not-for-profit preschool, it is not in business to generate income its owners. The preschool may be able to further its organizational goals with the projected income. It may decide to use the income for any of the following purposes. (If an input field is not used in the table leave the input field empty, do not select a label.) Choose from any drop-down list and then click Check Answer. All parts showing Clear All Check Answer Requirement 3. Begin Here Preschool is a not-for-profit preschool. What might the preschool do with its projected income for the year? From the budgeted income statement, Begin Here Preschool learns that it has projected operating income for the year. Since the preschool is a not-for-profit preschool, it is not in business to generate income for its owners. The preschool may be able to further its organizational goals with the projected income It may decide to use the income for any of the following purposes. (If an input field is not used in the table leave the input field empty; do not select a label.) Improve the current program Increase tuition rates Invest in additional (or better) classroom equipment Invest in additional (or better) executive automobiles Invest in additional (or better) playground equipment Make cuts to the currect program Offer scholarships to families who have difficulty paying tuition o Reduce teacher's salaries Reduce tuition rates A.. part IIU WITTY Clear All Check