3 Sales Freight out Depreciation on Admin. Equipment Sales & Admin. Salaries Advertising Depreciation on Manuf. Equip. Lease on Sales Building Miscellaneous Selling Expenses $350,000 $ 0.25 per unit sold. $13,000 $ 43,600 +2% of sales $ 15,000. $ 18,000 $ 46,200 $ 5,600 All operating expenses are paid in cash in the month incurred. If HDC expects to sell 23,000 units of inventory, the total budgeted selling and administrative expenses would be what amount on the January pro forma income statement? Multiple Choice $136,150 $154,150 $123,150 $309,150 Sales Freight out Depreciation Sales & Admin. Salaries Advertising on Admin. Equipment $350,000 $ 0.25 per unit sold $ 13,000 $ 43,600 +2% of sales $ 15,000 Depreciation on Manuf. Equip. $ 18,000 $ 46,200 $ 5,600 Lease on Sales Building) Miscellaneous Selling Expenses. Based on January sales of 23,000, the amount of HDC's expected cash outflow for selling and administrative expenses would be Multiple Choice $136,150 $141,000. $123150 $141,150