Calculate the amount a business should budget for yearly salaries and wages if it has 12 full-time employees who are each paid $36,000 a year, and five part-time employees who work 20 hours a week and are paid $8 an hour.

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Calculate the amount a business should budget for yearly salaries and wages if it has 12 full-time employees who are each paid $36,000 a year, and five part-time employees who work 20 hours a week and are paid $8 an hour.