Assume a company's sales budget for July estimates 15,500 units sold. The variable selling and administrative expense used for budgeting purposes is $5.00 per unit sold. The total budgeted cash disbursements for selling and administrative expenses in July is $124,000. The total fixed selling and administrative expenses included in the selling and administrative expense budget for July is $92,000. What is the amount of depreciation included in the selling and administrative expense budget for July? Multiple Choice $45.500 $13.500 514,500 $46,500