Pharoah Company makes and sells widgets. The company is in the process of preparing its Selling and Administrative Expense Budget for the month. The following budget data are available: Item Variable Cost Per Unit Sold Monthly Fixed Cost Sales commissions $2 $5500 Shipping $4 Advertising $3 Executive salaries $59600 Depreciation on office equipment $1500 Other $2 $2800 Expenses are paid in the month incurred. If the company has budgeted to sell 39700 widgets in October, how much is the total budgeted selling and administrative expenses for October?