The Wheatfield Valley golf course has been owned by the Miley family for two generations. Currently it is managed by Cyrus Miley, a graduate of State University where he majored in hospitality management. Last year was a good one for the golf course. Now Cyrus is preparing next year's operating budget. He has gathered a great deal of information to help him prepare the best budget possible. After carefully analyzing that information, Cyrus predicts that next year the course will experience:

$$ A $5\%$ increase in food sales

$$ A $3\%$ increase in beverage sales

$$ No change in food or beverage product cost percentage

$$ Salaries and wages $($management and staff$)$ that will increase $4\mathrm{.}5$ percent

$$ Employee benefits that will increase $10$ percent

$$ An increase of $2\mathrm{.}5\%$ in each Other Expense category

$$ No change in Occupancy costs and Depreciation & amortization.

$$ Interest payments of $$1,000$ per month

$$ Tax payments that are estimated to be $25\%$ of Income Before Income Taxes

Calculate this year's operating percentages for the food and beverage department on the budget worksheet provided, and then using his assumptions about next year, create Cyrus' new operating budget in dollars and percentages.

The Wheatfield Valley Golf Course

F&B Department

Budget Worksheet for Next Year

$\backslash$table$[[$Budget Worksheet for Next Year,$\backslash$table$[[$This Year$],[$Actual $$]],\%,\backslash$table$[[$Next Year$],[$Budget $$]],\%$