Lambie Custodial Services (LCS) offers residential and commercial janitorial services. Clients are billed monthly but can cancel the service at the end of any month. In addition to the employees who do the actual cleaning, the firm employs two managers who handle the administrative tasks (human resources, accounting, and so on) and one dispatcher, who assigns the cleaning employees to jobs on a daily basis. On average, residential clients pay $1,050 per month for weekly cleaning services and the commercial clients pay $4,400 per month for daily service (weekdays only). A typical residential client requires 15 hours a month for cleaning and a typical commercial client requires 78 hours a month. In September, LCS had 88 commercial clients and 93 residential clients. Cleaners are paid $29 per hour and are only paid for the hours actually worked. Supplies and other variable costs are estimated to cost $19 per hour of cleaning. Other monthly costs (all fixed) are $38,000 selling, general, and administrative, including managerial and dispatcher salaries, and $6,100 in other expenses. With the changing economic conditions, the customer mix at LCS is expected to change to one with more residential and fewer commercial clients. Already, for October, company managers forecast a 5 percent increase in residential clients and a 10 percent decrease in commercial clients. For November, Lambie Custodial Services has budgeted profit of $24,340 based on 50 commercial clients. Required: a. How many residential clients are budgeted for November? b. Prepare a budgeted income statement for November to confirm your answer. Complete this question by entering your answers in the tabs below. How many residential clients are budgeted for November? b. Prepare a budgeted income statement for November to confirm your answer. Complete this question by entering your answers in the tabs below. Prepare a budgeted income statement for November to confirm your