Leno and Letterman, CPAs, offer three ^es of services to clients: auditing, tax, and computer consulting. Based on experience and projected growth, the follow ing billable hours have been estimated for the year ending December 31, 2002:

The average billing rate for staff is \($80\) per hour, and the average billing rate for partners is \($210\) per hour. Prepare a professional fees budget for Leno and Letterman, CPAs, for the year ending December 31, 2002, using the following column headings and showing the estimated professional fees by type of service rendered:

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Audit Department: Staff Partners Billable Hours Tax Department: Staff Partners Computer Consulting Department: Staff Partners 42,000 6,700 37,500 8,400 21,400 9,500