Pet Food Company budgets payroll at $3,800 per month plus a percentage of monthly sales. The June operating expenses budget includes total payroll of $15,800 with budgeted sales of $200,000. Sales for July are budgeted at $100,000 while purchases of inventory for July are budgeted at $930,000. Depreciation and insurance for July are estimated at $1,200 and $200, respectively. Office and administrative expenses related to purchasing inventory are budgeted at 5% of purchases for the month. The purchase of $2,200 in equipment and $1,600 in furniture is expected in July. If the percentage of monthly sales used in budgeting payroll increases 15%, what would the total payroll budgeted for July be? A. $6,900 B. $10,700 C. $9,800 D. 56,000