Robert Company pays 80% of its expenses in the month incurred. Robert's controller has developed the following budgeted amounts budgeted for selling and administrative expenses for July: Advertising $17200 Receptionist salary 14800 Office equipment depreciation 8300 Bad debts 6700 Supplies 11200 What amount will Robert report on its July pro-forma income statement for selling and administrative expenses? $58200 $43200 $46560 $34560