To create a sample program personnel budget and to evaluate your budget. Scenario: You are the director of a small early childhood program, forecasting for your upcoming year. Your program will have three classrooms open, each projecting to be full: two toddler rooms of 8 children each and a preschool room of 18. All three rooms will need 2 teachers for the entire hours of operation, 9:00 am to 5:00 pm. You need to create an annual budget that considers the expenses of 6 teachers plus you (adding in 25% for fringe benefits to base salaries) to the income generated by tuition. Current rates are $175 per week for toddlers and $150 per week for preschoolers. Focus Assignment: 1. Create a spreadsheet to calculate the average hourly rate you can pay all your teachers and yourself, which includes the percentage of total income you are spending on payroll. 2. Read the SELF-EVALUATION section below to guide your thinking. Write your self-evaluation after you have completed your letter. 3. Review the assessment rubric to see how your assignment and self-evaluation will be graded. Self-Evaluation: 1. For your budget: a. Explain how this budget addresses the issues in the scenario. b. Give