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Acme Corporation reported the following financial data for the current year: Legal and consulting fees: $1,700,000 Office rent: $3,000,000 Interest on long-term debt: $2,400,000 Loss

Acme Corporation reported the following financial data for the current year:

Legal and consulting fees: $1,700,000

Office rent: $3,000,000

Interest on long-term debt: $2,400,000

Loss on sale of fixed assets: $400,000

Freight in: $1,400,000

Freight out: $2,000,000

CEO and CFO compensation: $2,100,000

Business insurance: $950,000

Sales commission: $2,500,000

Research and development: $1,300,000

Advertising expenses: $1,800,000

The office space is utilized equally by the sales and administrative departments.

Requirements:

Compute the total general and administrative expenses.

Determine the total sales and marketing expenses.

Calculate the total research and development expenses.

Identify non-operating expenses.

Calculate the overall total expenses for Acme Corporation.

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