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 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		$enter a total amount		$enter a total amount		$enter a total amount		$enter a total amount