Your construction company has three full-time employees: the president, an estimator and an office manager. The president's annual salary is $104,593 per year, your Estimator's annual salary is $68,356 per year, and your Office Manager's annual salary is $30,023. The company pays 50% of employee health insurance premiums and the employee pays the rest. Each employee takes full advantage of the company's 401(k) benefit. In addition, your company has the general overhead expenses listed below. Using the provided general overhead summary as a template, complete an overhead budget and cash flow for the first six months of the year. ITEM Social Security Medicare FUTA California Ul and ETT Workers' Comp. General Liability Insurance 401(k) Health Insurance Recurring general overhead expenses: office rent, office supplies, postage & delivery, janitorial & cleaning, telephone and miscellaneous expenses COST 6.20% of wages to $117,000 1.45% of wages .90% of wages to $7,000 3.50% of wages to $7,000 $0.76 per $100 of wages .64% of wages 25% match up to 6% of wages 50% of $782/month $3,409/month Utilities Charitable Contributions Dues & Memberships Legal & Professional Services $292 January and February, $237 March thru June $3,527 in June $1,450 in April $1,183 in January and $4,621 in April