Coronado Company classifies its selling and administrative expenses budget into variable and fixed components, It expects variable expenses to be $24,700 in the first quarter, and expects $4,700 increments in the remaining quarters of 2022 . It expects fixed expenses to be $37,300 in each quarter. Prepare the selling and administrative expenses budget by quarters for 2022. Coronado Company classifies its selling and administrative expenses budget into variable and fixed components. It expects variable expenses to be $24,700 in the first quarter, and expects $4,700 increments in the remaining quarters of 2022 . It expects fixed expenses to be $37,300 in each quarter, Prepare the selling and administrative expenses budget by quarters for 2022