You are the financial analyst for ABC company, and the president has asked you to create an expense budget for the sales department. The sales department is located in another office building, as there is no space available for them at the headquarters office. Last Year Forecasting Assumption Budget for this Year Salaries $300,000 5% increase Stationary $ 2,000 3% decrease Cell Phones $ 10,000 10% increase Electricity $ 6,000 4% increase Office Rent $ 50,000 4% increase Real Estate Taxes $ 7,000 no change ______ Total: $375,000