Bates & Hill Fabricators produces commemorative bricks that organizations use for fundraising projects. Aaron Bates, the company's vice president of marketing and has prepared the following sales forecast for the first six months of the coming year. The company plans to sell the bricks for $11 each. January February March April May June 15,200 29,640 26,600 29,000 23,000 20,000 Bates & Hill Fabricators' marketing department has identified the following monthly expenses that will be needed to support the company's sales and administrative functions. Depreciation Sales staff salaries $19,000 Advertising Executive salaries 7,600 $7,600 $760 $380 In addition to these monthly expenses, the company will pay a commission to its sales people equal to 4% of the sales revenue from each brick sold. The company expects bad debt expense to be 3% of sales Prepare Bates & Hill's selling and administrative expense budget for the first quarter of the coming year. (Round answers to O decimal places, e.g. 5,275.) January February March Quarter Budgeted Expenses Sales Staff Salaries Adverti Executive Salaries Miscellaneous Depreciation 19000 9000 760 600 380 600 19000 760 7600 380 7600 760 600 380 7600 57000 2280 22800 1140 22800 Bad Debt Expense Executive salaries $7,600 Miscellaneous $380 In addition to these monthly expenses, the company will pay a commission to its sales people equal to 4% of the sales revenue from each brick sold. The company expects bad debt expense to be 3% of sales Prepare Bates & Hill's selling and administrative expense budget for the first quarter of the coming year. (Round answers to 0 decimal places, e.g. 5,275.) February March Quarter Budgeted Expenses Sales Staff Salariesv 9000 19000 19000 57000 Advertisin 760 7600 380 2280 22800 1140 22800 760 760 Executive Salaries 7600 7600 Miscellaneous 380 380 reciation 7600 7600 7600 Bad Debt Expense Commission Total Budgeted Expenses Non-Cash Expenses Depreciation Bad Debt Expense Total Cash Costs