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Stevenson Company has the following amounts budgeted for selling and administrative expenses for February: Advertising Utilities $78,600 56,200 Office equipment depreciation 14,800 Bad debts

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Stevenson Company has the following amounts budgeted for selling and administrative expenses for February: Advertising Utilities $78,600 56,200 Office equipment depreciation 14,800 Bad debts 6,400 Entertainment 13,200 What amount will Stevenson report on its February cash budget for selling and administrative expenses? $148,000 $156,000 $154,400 $169,200

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