Please complete the budgeting analysis by filling out the chart below. you must use excel for credit Fringe benefits, both budgeted and actual) are 45.2% of Salaries Equipment is budgeted at 3% less than supplies but actual dollars spent were 4.2% less than budgeted What is your observation of each line item? Adopted vs Actual Budget (Fiscal Year Ended 12/31/2019) LIU HEALTHCARE WALK-IN CLINIC EXPENDITURES BY TYPE End of Year (December Adopted Budget in 2019 beginning of Actual/Spent) (January 2019) Year Percent Percent of Change Total Net Change Budgeted vs. Expenditures (Variance) Actual Spent Analysis/Observation Personnel Expenditures Salaries $1,855,250 $1,655,250 Fringe Benefits $1,855,250 $1,655,250 Total Personnel Expenditud Operating Expenditures Supplies $525,000 $450,000 Equipment Subtotal Operating Expenditures Total Expenditures