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A manufacturing company's budgeted income statement includes the following data: Data extracted from budgeted income statement Mar Apr May Jun Sales revenue $140,000 $80,000 $140,000

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A manufacturing company's budgeted income statement includes the following data: Data extracted from budgeted income statement Mar Apr May Jun Sales revenue $140,000 $80,000 $140,000 $95,000 Commission expense (10% of sale) 14,000 8000 14,000 9500 Salaries expense 32,000 32,000 32,000 32,000 Miscellaneous expense-6% of sales 8400 4800 8400 5700 Rent expense 3800 3800 3800 3800 Utilities expense 2300 2300 2300 2300 Insurance expense 2900 2900 2900 2900 Depreciation expense 4200 4200 4200 4200 The budget assumes that 60% of commission expenses are paid in the month they were incurred, and the remaining 40% are paid one month later. In addition, 50% of salaries expenses are paid in the month incurred and the remaining 50% are paid one month later. Miscellaneous expenses, rent expense, and utilities expenses are assumed to be paid in the same month in which they are incurred. Insurance was prepaid for the year on January 1. How much is the total of the budgeted cash payments for selling and administrative expenses for the month of May

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