Based on the information provided below, estimate your income and expenses and prepare a basic budget on the template provided.

The Melbourne Football Club and Recreation Center have the following income and expenses. Identify each item as income or expense and complete the template provided to get the total income and expenses for the year. Assume one (1) game season per year.

Sales: The number of opening hours per week: 14 Average sales per hour: $120 Number of weeks open per season: 30	Newspaper advertising: Ad width: 2 columns Number of lines per columns: 8 Cost per line (per column): $3 Number of ads: 4
Dining attendant: Hourly wage rate: $30.00 Number of hours worked per week: 25 Weeks per year: 30	Referee Fees: Salary rate per game: $100 Total games per week (all teams): 30 Number of weeks in the season: 30
Reflectors cost: Watts per globe: 500W Number of balloons: 50 Hours of use: 18 hrs. per week Number of weeks in the season: 30 Cost per kilowatt-hour: $0.20 Note: 1 kilowatt = 1000 watts	Game fees: Game fee per player: $6 Total games per week (all teams): 30 Average number of players on a team: 14 Number of weeks in the season: 30
Mowing field: Hours to mow full fields: 6 Number of cuts per week: 1 Number of weeks in the season: 30 Hourly wage rate: $25 Fuel cost per hour: $3.5	Team clothing cost: Cost per shirt: $20 Cost per pants: $15 Cost per socks (pair): $6 Number of players: 300
Administrative (Annual): Management software cost: $1200 Computer expenses: $200 Telephone and mail: $300 Water uses: $1200	Cleaning: The number of hours per week: 10 Hourly wage rate: $22 Weeks per year: 30
Membership fees: Number of members: 500 Annual dues per member: $150	Balls, flags and whistles: Balls, flags and whistles per week: $250 Number of weeks in the season: 30