Professional Fees Eamed Budget Day & Spiath, CPAs, offer three types of services to clients: auditing, tax, and small business accounting. Based on experience and projected growth, the following billable hours have been estimated for the year anding March 31, 20V6 Billable Hours Audit Department: Staff 50,000 Partners 10,000 Tax Department: Staff 75,000 Partners 16,000 mall Business Accounting Department: Staff 20.000 Partners 4,000 The average billing rate for staff is $180 per hour, and the average billing rate for partners is $400 per hour Prepare a professional fees earned budget for Day & Spieth, CPAs, for the year ending March 31, 20Y6 DAY & SPIETH, CPAs Professional Fees Earned Budget For the Year Ending March 31, 20Y6 Billable Hours Hourly Rate Total Revenus Total Tax Department Partners Tota Small Business Accounting Department Total Total professional fees earned