How do you find 4 percent of Sales commission on a fixed assets ?

Variable:

Sales commissions 4%

Fixed:

Advertising $200,000

Rent $18,000

Salaries $106,000

Utilities $7,000

Insurance $3,000

Depreciation $14,000

Insurance is paid on an annual basis in November of each year.

The company plans to purchase $16,000 in new equipment during May and $40,000 in new equipment during June,both purchases will be for cash.The company declares dividends of $15,000 each quarter,payable in the first month of the following quarter.

A listing of the company's ledger accounts as of March 31 is given below