Blue Spruce Company classifies its selling and administrative expenses budget into variable and fixed components. It expects variable expenses to be $27,000 in the first quarter, and expects $5,000 increments in the remaining quarters of 2022. It expects fixed expenses to be $42,100 in each quarter. Prepare the selling and administrative expenses budget by quarters for 2022.

BLUE SPRUCE COMPANY Selling and Administrative Expense Budget For the Year Ending December 31, 2022
		Quarter
		1		2		3		4		Year
Variable costs		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount		$enter a dollar amount
Fixed costs		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount		enter a dollar amount
Total