You are the administrator for Kaiser Fontana Psychiatry. You have been asked to estimate your budget for fiscal year 19/20. The budget office has given you the following guidelines: 1. All revenue is projected to be 4% higher in 20/21 than 19/20 2. Staff benefit rates will go up 2% in 20/21 over 19/20 3. All staff salary should be projected in 20/21 to go up 3.5% 4. All physician salary will remain stagnate, but physician benefit rates will increase 2% 5. You need to put in a new expense of computer leases into your miscellaneous expense category at $5,000 6. Your ambulatory clinical lease is increasing by $8,000 Using the chart below Calculate your 19/20 projections including your expected profit or loss 20/21 Clinical Revenue Other Revenue 19/20 $2,000,000.00 $50,000.00 $2,050,000.00 Physician Salary Physician Benefits Staff Salary Staff Benefits Ambulatory Rent Miss Expense $750,000.00 $285,000.00 $150,000.00 $57,000.00 $175,000.00 $80,000.00 $1,497,000.00 Profit/Loss $553,000.00