PROBLEM 3 Cearns Memorial Diner is a charity supported by donations that provides free meals to the homeless. The diner's budget for December is to be based on 3,900 meals. The diner's director has provided the following cost formulas to use in the budget: Fixed element Variable element per per month meal Groceries. $0 $3.45 Kitchen operations. $5,700 $1.10 Administrative expenses... $3,100 $0.85 Fundraising expenses. $1,600 $0.00 Required: Prepare the diner's budget for the month of December. The budget will only contain the costs listed above; no revenues will be on the budget.