Question 2 Professional Dental Associates is a large dental practice in Suva. The firm's accountant is preparing the budget for 2022. He projects a total of 48000 patient visits throughout the year, of which 6000 will be in May and 8000 in June. Seventy-five per cent of the visits will be half-hour appointment, and the remainder will be one-hour visits. The average fees charged to patients for professional dental services are $180 for half-hour appointments and $300 for one-hour visits. Eighty per cent of each month's professional service revenue is collected during the month when services are rendered, and the remainder is collected the month following service. Uncollectable billings are negligible. Professional Dental dentists are paid $220 per hour. Required I. Prepare a direct labour budget for May and June, which includes total direct professional labour hours and costs. (10 marks) II. Estimate the budgeted cash receipts for June