Sales $ 430,000 Cost of goods sold 270,000 Utilities expense for administration building 1,400 Administrative salaries 50,000 Sales commissions 5- % of Sales Advertising 10,000 Depreciation on store equipment 25,000 Rent on administration building 30,000 Miscellaneous administrative expenses 5,000 All operating expenses are paid in cash in the month incurred. Compute the total budgeted selling and administrative expenses (excluding interest) amount for April Year 2.