Pearl, Inc. has prepared the operating budget for the first quarter of the year. The company forecast sales of $40,000.00 in January, $50,000.00 in February, and $60,000.00 in March. Variable and fixed selling and administrative expenses are as follows: Variable Expenses: Power cost (20% of sales) Miscellaneous expenses: (15% of sales) Fixed Expenses: Salaries expense: $6,000.00 per month Rent expense: $5,000.00 per month Depreciation expense: $1,400.00 per month Power cost/fixed portion: $500.00 per month Miscellaneous expenses/fixed portion: $1,200.00 per month Calculate total budgeted selling and administrative expenses for the month of January. O A. $14,000.00 B. $31,600.00 OC. $28,100.00 OD. $35,100.00