0 Table 2 First Year Financial Projections Description Monthly Cost Annual Cost Salaries $12,500 $150,000 - Director - $70,000 - Content Developer - $55,000 - Marketing - $25,000 Employee Benefits $2,500 $30,000 Platform Maintenance $1,000 $12,000 Marketing and Advertising $2,000 $24,000 Business Insurance $1,000 $12,000 Loan Payment $1,800 $21,600 10% FANNP Annual Fee - $40,980 Total Overhead Cost $20,800 $290,560 Note. This table outlines the anticipated expenditures for the first year of operations