• $271,100

• $112,100

• $334,100

• $270,600

October November December Budgeted S&A Expenses Salary Expense 36,000 36,500 37,000 Sales Commissions 5% of Sales 18,000 18,500 18,300 Insurance Expense 15,000 15,000 15,000 Rent 18,000 18,000 18,000 Depreciation on equipment 21,000 21,000 21,000 Utilities 2,400 2,600 2,800 Total Operating Expenses 110,400 111,600 112, 100 Schedule of Cash Payments for S&A Expenses Salary Expense ? 36,500 ? 100% of Prior Month Sales 18,100 ? ? Commissions Insurance Expense 15,000 15,000 15,000 Rent ? 18,000 100% of Prior Months Utilities 2,500 ? ? Expense Total Payments for S&A Expenses ? ? What is the total amount of S&A expenses for the fourth quarter that the company will report on its pro forma income statement