Sadie & Chipper, CPAs, offer three types of services to clients: auditing, tax, and small busi-. ness accounting. Based on experience and projected growth, the following billable hours have been estimated for the year ending March 31, 20Y6: Billable Hours 25,000 5,000 Audit Department: Staff Partners Tax Department Staff Partners Small Business Accounting Department: Staff Partners 37,500 8,000 10,000 2,000 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 Sadie & Chip- per, CPAs, for the year ending March 31, 2016. using the following column headings and showing the estimated professional fees by type of service rendered: Billable Hours Hourly Rate Total Revenue