Sheffield & Hill Fabricators produces commemorative bricks that organizations use for fundraising projects. Aaron Sheffield, the company's vice president of marketing, has prepared the following sales forecast for the first six months of the coming year. The company plans to sell the bricks for $14 each. January February March April May June 18,200 35,490 31,850 29,000 23,000 20,000 Sheffield & Hill Fabricators' marketing department has identified the following monthly expenses that will be needed to support the company's sales and administrative functions. Depreciation $9.100 Sales staff salaries Advertising $22,750 $910 $9.100 Executive salaries Miscellaneous $455 In addition to these monthly expenses, the company will pay a commission to its salespeople equal to 5% of the sales revenue from each brick sold. The company expects bad debt expense to be 4% of sales revenue. Prepare Sheffield & Hill's selling and administrative expense budget for the first quarter of the coming year. (Round answers to decimal places, e.. 5,275) January February March Quarter