Consider the following information regarding Target Retails for the first month of the business, September 2021: Sep. 1 Owner invested $50,000 to open the business Sep. 1 Paid insurance of a total of $2,000 covering 4 months from Sep 1, 2021 to Dec 31, 2021 Sep.2 Received a bank loan of $30,000 with interest rate of 5%. Interests are to be paid on the first day of each month for 5 years starting from October 2021 Sep.2 Purchased merchandise inventory worth $50,000, 40% paid by cash and the rest to be paid in 21 days Sep.5 Purchased Store Supplies worth $3,000 on account with the term n/30 Sep.9 Sold merchandise inventory for $15,000 in cash, cost was $10,000 Sep.15 Received the monthly electricity bill for September for $600, to be paid by Oct. 15th, 2021 Sep.16 Purchased merchandise inventory on account for $30,000, with the term n/30 Sep. 17 Sold merchandise inventory on account for $20,000, with the term n/10. Cost was $15,000 Sep. 18 Paid the balance owed for September 2 purchase Sep.20 Received the balance owed for the September 17 sales Sep.30 Made all necessary month-end adjustments Note: 1. The company uses a perpetual inventory system. 2. Store Supplies at hand on September 30 is $1,000. 3. Except for interests, the company records all payables under "Accounts Payable". Please answer the following questions based on the above September 2021 transactions for Target Retailers The total expenses under CASH basis for the month of September 2021 is