Pearl, Inc. has prepared the operating budget for the first quarter of the year. The company forecast sales of

$ 40 comma 000.00$40,000.00

in January,

$ 50 comma 000.00$50,000.00

in February, and

$ 60 comma 000.00$60,000.00

in March. Variable and fixed selling and administrative expenses are as follows:

Variable Expenses:

Power cost

(2020%

of sales)Miscellaneous expenses:

(1010%

of sales)

Fixed Expenses:

Salaries expense:

$ 8 comma 000.00$8,000.00

per monthRent expense:

$ 5 comma 000.00$5,000.00

per monthDepreciation expense:

$ 1 comma 000.00$1,000.00

per monthPower cost/fixed portion:

$ 600.00$600.00

per monthMiscellaneous expenses/fixed portion:

$ 1 comma 200.00$1,200.00

per month

Calculate total budgeted selling and administrative expenses for the month of January.