Elbert Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $25,790 in the first quarter, and $5,590 increments are expected in the remaining quarters of 2017. Fixed expenses are expected to be $40,670 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2017. ELBERT COMPANY Selling and Administrative Expense Budget Quarter 1 2 3 4 Year Variable expenses $ $ $ $ $ Fixed expenses Total selling and administrative expenses $ $ $ $ $