lick to see additional instructions Camp Wilkins (CW) is a not-for-profit campground that hosts school-aged campers during the summer months, and not-for-profit oard and officer retreats during the other months of the year. CW has been in operation for several years and its fiscal year begins on anuary 1.You are preparing budgets for the upcoming fiscal year (FY18) and expect to start the year with $25,000 cash on hand. On January 1 CW will borrow $1,000,000 at a 3.5% annual interest rate to build new cabins. The cabins will be built and put into use on April 1, will have a useful life of 10 years, and no salvage value. Both a principal repayment of $100,000 and interest for the year is due on December 31. During the camp season, which runs from June 1 through August 31, CW will host a total of 100 campers. It will charge $7,500 tuition per camper in FY 2018, which must be paid on June 1. CW will host 8 board retreats per month when it is not camp season (i.e., during January through May and September through December). It expects an average of 15 participants per retreat and will charge $1,500 in retreat fees per participant during FY 2018. Participants pay the retreat fee during the month in which they attend the retreat. cw employs 10 full-time employees who will earn an average of S80,000 each during FY 2018, as well as benefits valued at 35% of their salaries. Both the average salary amount and benefits rate are unchanged from FY 2017, and full-time employees are paid with a one month lag. CW also employs 25 part-time employees who will earn an average of $12 per hour during FY 2018, up from $10 per hour in FY 2017. Part-time employees are not paid benefits. They work 20 hours per week, 52 weeks per year, and are paid with a two-week lag. Lastly, CW will use $40,000 in supplies each month during FY 2018. For planning purposes, assume the use of supplies is spread evenly throughout the year and they are paid for timely. Using the information above, complete the following budgets: Important Tips"MUST READ * Use a hyphen or dash- to indicate negative numbers. Do not use parentheses. For example, -52.12 is OK but (52.12) is not. Only write numbers in the boxes provided, NO dollar signs ($) or commas. For example, 2000 is OK but $2,000 is not