Question 7 0.6 points Save Ans Warshaw Company budgets payroll at $3800 per month plus a percentage of monthly sales. The June operating expenses budget includes total payroll of $13,300 with budgeted sales of $190,000. Sales for July are budgeted at $120.000 while purchases of inventory for July are budgeted at $910,000. Depreciation and insurance for July are estimated at $500 and $600, respectively. Office and administrative expenses related to purchasing inventory are budgeted at 10% of purchases for the month. The purchase of $2800 in equipment and $1200 in furniture is expected in July. If the percentage of monthly sales used in budgeting payroll increases 15%, what would the total payroll budgeted for July be? $6900 O $10,700 O $6000 0 $9800