NEED HELP

Jolly Cleaners offers residential and commercial cleaning services. Clients pay a fixed monthly fee for the service, but can cancel the service at the end of any month. In addition to the employees who do the actual cleaning, the firm includes 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 $350 per month for cleaning services and the commercial clients pay $1,400 per month. A typical residential client requires 15 hours a month for cleaning and a typical commercial client requires 60 hours a month. In March, Jolly Cleaners had 50 commercial clients and 150 residential clients. Cleaners are paid $12 per hour and are only paid for the hours actually wolked. Supplies and other variable costs are estimated to cost $4 per hour of cleaning. Other monthly costs (all fixed) are \$35,000 SG\&A, including managerial and dispatcher salaries, and $2,500 in other expenses. For July. Jolly Cleaners has budgeted profit of $8,700 based on 70 commercial clients. Required: How many residential clients are budgeted for July? Prepare a budgeted income statement for July to confirm your answer. Complete this question by entering your answers in the tabs below. How many residential clients are budgeted for July? Prepare a budgeted income statement for July to confirm your answer. (Round intermediate calculations to nearest whole number.)