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You have been running a construction company out of your home with your spouse helping...

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Accounting

You have been running a construction company out of your home with your spouse helping you keep the books. The company has grown and has begun to take up too much of your and your spouse's time. The decision has been made to hire a part-time estimator to help you with the bidding and a full-time office manager. The office manager's duties will include accounting, receptionist, and secretarial duties. By hiring the new personnel you will need to move the company's operations out of your home and into an office. Use the cost information in Table 9-1 to prepare a cash flow budget for one year for continuing to operate out of your home and moving to a new office:
Table 9-1 Cost Information for Problem 10
\table[[Item,Cost],[Estimator's Wages,$19hr for 20 hrs/week],[Office Manager's Wages,$15hr for 40hrs? week],[Social Security,6.2% of wages to $128,700
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