Western State University $($WSU$)$ is preparing its master budget for the upcoming academic year. Currently, $12,500$ students are enrolled

on campus; however, the admissions office is forecasting a $4$ percent growth in the student body despite a tuition hike to $$90$ per

credit hour. The following additional information has been gathered from an examination of university records and conversations with

university officials:

WSU is planning to award $180$ tuition$-$free scholarships.

The average class has $20$ students, and the typical student takes $15$ credit hours each semester. Each class is three credit hours.

WSU's faculty members are evaluated on the basis of teaching, research, and university and community service. Each faculty

member teaches five classes during the academic year.

Required:

Prepare a tuition revenue budget for the upcoming academic year.

Determine the number of faculty members needed to cover classes.