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A company pays $29,000 per period to rent a small buliding that has 11,400 square feet of space. This cost is allocated to the company's three departments on the basis of the amount of the space occupied by each. Department One occuples 2,280 square feet of floor spoce, Department Two occupics 3,420 square feet of fioor space, and Department Three occuples 5.700 square feet of hoor space. If the rent is allocated based on the total square footage of the space, Department One should be charged rent expense for the period of: Multiple Choice 58.600 55,800 54,560 $2,500. 32,280