The final expense category Patricia needs to complete for her division's budgeted annual income statement is selling and administrative expenses. Based on current knowledge, budgeted sales salaries are $3,700 per month, with budgeted advertising of $9,100 for the year. Other budgeted fixed selling and administrative expenses amount to $6,700 annually. The company anticipates sales volume of 12,000 units, paying a commission of $0.70/ unit. Help Patricia fill in the final piece to her income statement by preparing the annual selling and administrative expense budget. (Round budgeted variable SG\&A cost per unit to 2 decimal places, e.g. 15.25.)