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he following budget information is available for the HD Sales Company for January: Sales $ 320,000 Freight out $ .25 per unit sold Depreciation on

he following budget information is available for the HD Sales Company for January:

Sales $ 320,000
Freight out $ .25 per unit sold
Depreciation on Admin. Equipment $ 10,000
Sales & Admin. Salaries $ 40,000 +2% of sales
Advertising $ 12,000
Depreciation on Manuf. Equip. $ 15,000
Lease on Sales Building $ 45,000
Miscellaneous Selling Expenses $ 5,000

Based on January sales of 20,000, the amount of HDC's expected cash outflow for selling and administrative expenses would be

a. $123,400.

b. $131,250.

c. $113,400.

d. $128,400.

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