Rado Company classifies its selling and administrative expenses budget into variable and fixed components. It expects variable expenses to be $23,100 in the first quarter, and expects $5,500 increments in the remaining quarters of 2020. It expects fixed expenses to be $40,300 in each quarter. Prepare the selling and administrative expenses budget by quarters for 2020.

RADO COMPANY Selling and Administrative Expense Budget For the Year Ending December 31, 2020
		Quarter
		1		2		3		4		Year
Variable costs		$		$		$		$		$
Fixed costs
Total		$		$		$		$		$