Crane Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $25,440 in the first quarter, and $4,240 increments are expected in the remaining quarters of 2022. Fixed expenses are expected to be $42,400 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2022. CRANE COMPANY Selling and Administrative Expense Budget Quarter 2 3