Monroe Company has developed the quarterly sales budget for the upcoming year that appears below:

	Quarter 1	Quarter 2	Quarter 3	Quarter 4
Budgeted unit sales	30,000	32,000	28,000	26,000
Budgeted sales revenue	$180,000	$192,000	$168,000	$156,000

The companys variable selling and administrative expenses consist of a 5% selling commission paid on sales revenues plus shipping expenses of $3 per unit. Fixed annual selling and administrative costs consisting of executive salaries, advertising, and depreciation occur evenly throughout the year and are budgeted at a total of $42,000. In addition, the company will make insurance payments of $7,500 in each of the first and third quarters. What amount of selling and administrative expense will Monroe budget for the third quarter?