Karma Company has prepared its operating budget for the first quarter of 20x9. The company forecasts sales of $50,000 in February, $60,000 in March, and $70,000 in April. Variable and fixed expenses are as follows: o Variable: Utilities (electricity): 40 9% of sales Misc. expenses: 5 9% of sales . Fixed: Salary expense $ 8,00 0 per month Rent expense . 5,00 $ - 0 per month Depreciation expense 1,20 per month Utilities expense (fixed part) $ 800 per month Misc. Expense (fixed part) 1,00 per month What are the total selling and administrative expenses for the month of February