There were 480 studio sessions and 24 weddings at the Toronto studio last year. Seventeen customers complained about being assigned to other photographers (Anne Beta and Jon Delta) when they expected to be dealing with Amanda. Their regular studio fees were discounted by 50%. Cindy Echo (ofce manager) made bookings for 200 outdoor sessions and 12 weddings at the Haiton Hills location. All of the wedding patties arrived but only 175 of the other customers showed up. When there were scheduling conflicts with people arriving late for regular studio sessions, both groups of customers received a 50% discount on their studio fee, which happened 20 times last year. Actual digital images and prints revenue was $402,400 last year. In 2019, total variable costs were $407,000. Income before tax was $18,000 for 2019. The 2019 expected tax rate for ABS is 13%. Amanda prepared the budget herself, using the prior year's actual results as her guide. She increased revenue by 10% based on what she wanted the company to achieve. The details of the budget were not shared with the rest of the staff. The Halton hills location could accommodate up to 400 studio bookings and 30 weddings each year if the bam was renovated. Volume would be expected to increase at a rate of 20% per year. ABS expect a retum on its investment of 10%. The company would invest in more marketing and hire a site manager to make sure people are familiar with the location. Annual costs for the marketing would be $10,000 and the salary for the site manager would be $50,000