Part $1$: Spreadsheet InformationThe example spreadsheet that begins on the following page is a rough suggestion of an annual, itemized budget. You will create your budget inMicrosoft Excel. Your budget headings may vary, but your budget needs to be as specific as possible. Within each category, you should includepurchases for the IT strategic plan. For example, if$,$ as the CIO, you are contemplating moving applications to a cloud solution, your budget needsto reflect that process. If you are implementing or expanding VMWare as a virtualization solution, your budget needs to reflect those purchases.The actual numbers can be approximate. A little research can point you in the right direction. For example, desktops run about $$200-$$$300.$ Youcan use approximate figures for items such as licenses, maintenance agreements, servers, etc. Just make sure you have some justification $($i$.$e$.,$references$)$ for the numbers you use