Task # 1 : South Shore Medical Clinic is expanding its operations . As you will notice from Yea encounted additional expenses . In addition , they have rented a new office at the end of the year's have two offices ) . In addition , they have added 2 additional staff members to payroll . Using the these changes into account for the upcoming year . Suggest the budget amount South Shore Medical Clinic Income Statemen For the year ending December 31 20*4 ACTUAL DIRECT Revenues Service Fee Revenue $ 160.000 Total Revenue Expenses : Advertising Expense $ 20.000 Shipping Expense $ 12000 Salaries Expense $ 80.000 Rent Expense $ 32000 Utilities Expense $ 5 , 200 Total Expenses Income Net Income $ 10.800 Operating Margin