Line Item Amount ($) 1. Estimated Revenues To be determined 2. Estimated Expenses 119,108.03 3. Itemized Direct Costs 77,108.03 (Training Material: 10,000, Salary/Wages: 62,108.03, Venue Rental: 5,000) 4. Indirect Costs 14,000 (Administrative Costs: 7,000, Utilities: 5,000, Meeting Cost: 2,000) 5. Any Estimated In-kind Contributions To be determined Please note that the "Estimated Revenues" and "Any Estimated In-kind Contributions" are not provided in your question, so they are marked as "To be determined". You would need to fill in these values based on your specific situation. The "Estimated Expenses" is the sum of "Itemized Direct Costs" and "Indirect Costs". Part 2: Budget Narrative Describe the estimated figures from Part 1 in a budget narrative that includes the following information: o Describe at a high level the various cost categories and expenditures. o Describe in detail the significant items in the budget, including how these expenses and revenues were determined and why they are important. Include a realistic amount for incidental costs and aim for accuracy, particularly when estimating personnel costs. o Summarize how this budget will address your needs statement