A daycare center has a weekly revenue of $21,000. The daycare director has created a monthly budget using the following percentages for expenses:
Percent
Employee Wages 42%
Building Rent 10%
Supplies 15%
Equipment 5%
Educational Licensing 2%
Food 10%
Utilities 10%
Maintenance 3%
Emergency/Repair 3%
Which balance sheet correctly represents the daycare's income, expenses, and balance?
Income
Amount
Weekly Income $21,000.00
Total Monthly Income $84,000.00
Expenses
Percent Amount
Employee Wages 42% $35,280.00
Building Rent 10% $8,400.00
Supplies 15% $12,600.00
Equipment 5% $4,200.00
Educational Licensing 2% $1,680.00
Food 10% $8,400.00
Utilities 10% $8,400.00
Maintenance 3% $2,500.00
Emergency/Repair 3% $2,500.00
$84,000.00
Balance
Income $84,000.00
Expenses $84,000.00
Balance $0
Income
Amount
Weekly Income $21,000.00
Total Monthly Income $91,000.00
Expenses
Percent Amount
Employee Wages 42% $38,220.00
Building Rent 10% $9,100.00
Supplies 15% $13,650.00
Equipment 5% $4,550.00
Educational Licensing 2% $1,820.00
Food 10% $9,100.00
Utilities 10% $9,100.00
Maintenance 3% $2,730.00
Emergency/Repair 3% $2,730.00
$91,000.00
Balance
Income $91,000.00
Expenses $91,000.00
Balance $0
Income
Amount
Weekly Income $21,000.00
Total Monthly Income $94,500.00
Expenses
Percent Amount
Employee Wages 42% $36,690.00
Building Rent 10% $9,450.00
Supplies 15% $14,175.00
Equipment 5% $4,725.00
Educational Licensing 2% $1,890.00
Food 10% $9,450.00
Utilities 10% $9,450.00
Maintenance 3% $2,835.00
Emergency/Repair 3% $2,835.00
$94,500.00
Balance
Income $94,500.00
Expenses $94,500.00
Balance $0
Income
Amount
Weekly Income $21,000.00
Total Monthly Income $42,000.00
Expenses
Percent Amount
Employee Wages 42% $17,640.00
Building Rent 10% $4,200.00
Supplies 15% $6,300.00
Equipment 5% $2,100.00
Educational Licensing 2% $840.00
Food 10% $4,200.00
Utilities 10% $4,200.00
Maintenance 3% $1,260.00
Emergency/Repair 3% $1,260.00
$42,000.00
Balance
Income $42,000.00
Expenses $42,000.00
Balance $0
PLEASE HELP