Metlock Corp. is nearing the end of its second year in business. Things have gone fairly well, but its actual performance is not quite reaching the budgeted/targeted amounts. Managers vow to be even more realistic in their budgets for Year 3 of the company's operations, particularly for sales, since the estimates there essentially drive every other budget. For starters, they develop the following projections for sales volume for the company's wireless phone chargers, expecting a selling price of $12 per unit. The managers also want to dial in the SG\&A budget in an attempt to further motivate the sales team. Relevant information (based on their most realistic expectations) for that budget is administrative salaries of $12,900, executive salaries of $18,300, and sales salaries of $10,300 per quarter; advertising expense of $3.700 per quarter; property taxes and insurance on the executive office of 53,400 per quarter; and commissions of 4% of sales revenue. Prepare the SG\&A budget for Metlock's third year in business. Present amounts for each quarter and for the year in total. (Round budgeted variable SGEA cost as a percentage of sales revenue to 3 decimal places, e.g. 0.125.)