Marquoya College (MC) is a medium-sized private school located in the Midwest. In the past, MC administrators established a bud. get for the next academic year by adding a specific percentage (e.g., 6 percent, 8 per. cent) to the tuition revenue and operating expenses. This year MC has asked for your assistance in developing its budget for the next academic year. You are supplied with the following data for the current year. {:[" Enroling: ",4","300" students "],[" Tuition ",$3","300//" year "],[" Full-time faculty ",250(72%" tenured ")]:} Fees $280// year Average faculty salary $36,000// year Full tuition-only scholarships 400 students For the next academic year, enrollment is expected to increase by 300 students, with each student taking an average