on You have been running a construction company out of your home with your spouse helping you keep the books. The company has grown and has begun to take up too much of your and your spouse's time. The decision has been made to hire a part-time estimator to help you with the bidding and a full time office manager. The office manager's duties will include accounting, receptionist, and secretarial duties. By hiring the new personnel you will need to move the company's operations out of your home and into an office. Use the following cost information to prepare a cash flow budget for one year for continuing to operate out of your home and moving to a new office. ngs CO Item Cost Estimator's Wages $19/hr for 20hrs per week Office Manager's Wages $15/hr for 40 hrs per week Social Security 6.2% of wages to $128,700 Medicare 1.45% of wages FUTA 0.6% of wages to $7,000 per employee SUTA Worker's Compensation General Liability 401(k) Health Insurance Vacation/Sick/Holidays Rent Utilities 2.0% of wages to $12,000 per employee $1.25 per $100 of wages 0.67% of wages 50% match up to 6% of wages $525/month 10 days per year $21 per sf per year $0.45 per sf per month Use the attached excel template to create your budget. It is perfectly acceptable for a budget of "O" in a category. Problem 09-10T.xlsx For assignment purpose, please assume your home office (area of your home can be attributed to the business) is 300 SF and the new office you are moving to is 2,000 SF. Assume $0.45/sf for home office share of utility bill as well