rs 5 and 10, respectively. 2-37. The county has an initiative for students in underperforming schools. To get funding, schools provide each student with eight 2-hour group tutoring sessions each month. Also, parents must agree to pay $10 per month for each child they register for the program. The county will pay each school $200 per enrolled child, per month. e one tutor for every five Schools must provide the self-study program. students enrolled in the program, at a cost of $50 per teacher has to commute from another school in the hour at a teacher's home school or $60 per hour if the Schools that participate also need to acquire a site license for a self-study computer program, at a cost of $2,400 per year regardless of the number of students. Schools also incur a cost of $1.50 per child, per tutoring session, for workbooks that are tied to Generally, the county takes 1 month to pay bills submitted by schools. Parents pay all tuition bills at the beginning of each month. Participating teachers are paid for all afterschool programs at the end of each month. The full cost of the software must be paid by the end of the first month of the Workbooks are paid for in the month they are used. You are the budget manager for Typical County School (TCS). Five teachers in your school have agreed to be tutors. Since you expect to need 15 tutors by the end of the year, you will also use 10 teachers from other schools, as needed. Your calculations indicate an expected 25 students in the program during the first month it is offered, 41 in the second month, and 52 in the third month. As budget manager, program. 1. prepare operating budgets for each of the first 3 months of the program; 2. summarize the three monthly budgets into a quarterly operating budget; and 3. Starting from a zero cash balance, prepare a cash budget for the first quarter (3 months) of the system.