Willow Clinic bases its budgets on patient-visits. During October, the clinic plans for a level of activity of 2,220 patient-visits. The clinic has provided the following data concerning the formulas it uses in its budgeting: Fixed element per month Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses $ 24,400 $ 820 $ 5,400 $ 4,220 Variable element per patient-visit $ 62.00 $ 23.00 $ 7.10 $ 2.90 $ 11.20 Required: Prepare the clinic's planning budget for October Willow Clinic Planning Budget For the Month Ended October 31 Budgeted patient-visits 2,220 Revenue Expenses: Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expense Net operating income