Fortune Incorporated is preparing its master budget for the first quarter. The company sells a single product at a price of $25 per unit. Sales (in units) are budgeted at 150,000 for the first quarter. Cost of goods sold is $12 per unit. Other expense information for the first quarter follows. Sales Commissions 8% of sales dollars Rent $ 50,000 per quarter Advertising $ 504,000 per quarter Office salaries $ 209,000 per quarter Depreciation $ 105,000 per quarter Interest 1.75% quarterly on $220,000 note p