Problem 1o pints) the formation for the fest quarter of 2015 Budeeted sales for anuary $25.000 Monthly Expenses Salary expense $1,500 Rent expense $1,000 Depreciation expense $400 Sales commissions 10% of sales Advertising expense 8% of sales Miscellaneous expense 5% of sales Monthly sales are expected to increase 5% each month. Prepare an operating expense budget for the first quarter of 2015. Gadget Giant Operating Expense Budget For Three Months Ended March 31, 20015 January February March