Kapital Inc. has prepared the operating budget for the first quarter of 2015. They forecast sales of $ 50 comma 000 in January, $ 60 comma 000 in February, and $ 70 comma 000 in March. Variable and fixed expenses are as follows: Variable: Power cost (20 % of Sales) Miscellaneous expenses: (10 % of Sales) Fixed: Salary expense: $ 8 comma 000 per month Rent expense: $ 4 comma 000 per month Depreciation expense: $ 1 comma 200 per month Power cost/fixed portion: $ 500 per month Miscellaneous expenses/fixed portion: $ 1 comma 000 per month Calculate total selling and administrative expenses for the month of January.