. Prepare a budget for this year for the Administrative Department at Toms Toyota Company based on the following information:

Last Year Forecasting Assumption Budget for this Year

Salaries $60,000 2% increase ___________

Stationary $ 900 1% decrease ___________

Telephone $ 2,500 3% increase ___________

Electricity $ 1,200 2.5% increase ___________

Office Rent $10,000 2% increase ___________

Depreciation $ 4,000 no change ___________

Total: $78,600 ___________