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Sheridan & Sheridan Fabricators produces commemorative bricks that organizations use for fundraising projects. Steven Sheridan, the company's vice president of marketing, has prepared the following sales forecast for the first six months of the coming year. The company plans to sell the bricks for $30 each. January 25,000 February 28.000 March 32,000 April 34,000 May 26,000 June 35,000 Sheridan & Hill Fabricators' marketing department has identified the following monthly expenses that will be needed to support the company's sales and administrative functions. $12,000 $26.000 Depreciation Sales staff salaries Advertising Executive salaries Miscellaneous $2,500 $35,000 $1,700 In addition to these monthly expenses, the company will pay a commission to its salespeople equal to 8% of the sales revenue from each brick sold. The company expects bad debt expense to be 2% of sales revenue. Prepare Sheridan & Hill's selling and administrative expense budget for the first quarter of the coming year. January February Depreciation Sales Staff Salaries each brick sold. The company expects bad debt expense to be 2% of sales revenue. Prepare Sheridan & Hill's selling and administrative expense budget for the first quarter of the coming year. January February $ Depreciation Sales Staff Salaries Advertising Executive Salaries Miscellaneous Commission $ $ $ $ $ each brick sold. The company expects bad debt expense to be 2% of sales revenue. Prepare Sheridan & Hill's selling and administrative expense budget for the first quarter of the coming year. January February March Quarter $ $ $ $ $ $