Sales for Smith Company are expected to be $250,000 for February and $300,000 in March. The following budgeted expenses are expected for March: Rent Expense $32,000 per month Depreciation Expense $15,000 per month Insurance Expense (propaid for 1st quarter on January 1) $600 per month Miscellaneous Expense (paid as incurred) 5% of sales Commissions Expenso (50% paid in current month, 50% paid in following month) 10% of sales Salaries Expenso $37,000 per month What is the expected total selling and administrative expensen for the month of March? O A. $112,100 O B. $126,500 OC. $129,000 D. $127 100