Willow Clinic bases its budgets on patient-visits. During October, the clinic plans for a level of activity of 2,210 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 $ 24,300 $ 810 $ 5,350 $ 4,210 Variable element per patient-visit $ 60.00 $ 22.00 $ 7.00 $ 2.80 $ 10.20 Required: Prepare the clinic's planning budget for October. Willow Clinic Planning Budget For the Month Ended October 31 Budgeted patient-visits 2,210 Revenue Expenses: Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expense Net operating income