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Use the following information to answer the next two questions: The following budget information is available for the XYZ Company for the first quarter of 2014: Depreciation on Administrative Equipment S10,000 Sales & Admin. Salaries S40,000 Depreciation on Manufacturing Equipment S15,000 Lease on Sales Building S45,000 Miscellaneous Selling Expenses S5,000 All operating expenses are paid in cash in the month incurred. 9. If XYZ expects to sell 20,000 inventory units in the first quarter, what would be the amount of the total budgeted selling and administrative expenses for the first quarter of 2014? 10. Based on first quarter sales of 20,000 units, the amount of XYZ's expccted cash outflow for selling and administrative expenses would be