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Quantum Tech has the following financial details for the year: Legal fees: $1,900,000 Office and lab rent: $3,200,000 Interest on corporate bonds: $2,300,000 Loss on

Quantum Tech has the following financial details for the year:

Legal fees: $1,900,000

Office and lab rent: $3,200,000

Interest on corporate bonds: $2,300,000

Loss on write-off of obsolete inventory: $350,000

Freight in: $1,600,000

Freight out: $1,850,000

Executive salaries: $2,200,000

Health insurance: $950,000

Sales team salaries: $2,600,000

R&D expenses: $1,400,000

Marketing campaigns: $1,800,000

The office space is used equally by the sales and research departments.

Requirements:

Calculate the general and administrative expenses.

Determine the total sales and marketing expenses.

Compute the total research and development expenses.

Identify the non-operating expenses.

Compute the overall total expenses for Quantum Tech.

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