Miller Co. classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $16,400 in the first quarter, and $4,900 increments are expected in the remaining quarters of 2017. Fixed expenses are expected to be $26,300 in each quarter. What is the total amount to be budgeted for selling and administrative expenses for quarter 2? $37,800 $42,700 $21,300 $47,600