The company's variable selling and administrative expense per unit is $3.40. Fixed selling and administrative expenses include advertising expenses of $12,000 per quarter, executive salarles of $53,000 per quarter, and depreciation of $34,000 per quarter. In addition, the company will make insurance payments of $5,000 in the first quarter and $5,000 in the third quarter. Finally, property taxes of $8,200 will be paid in the second quarter. Required: Prepare the company's selling and administrative expense budget for next year Note: Round "Per Unit" answers to 2 decimal places