The following budget information is available for the Arch Company for January Year 2: All operating expenses are paid in cash in the month incurred. Compute the total budgeted selling and administrative expenses (excluding interest) amount for January Year 2. Multiple Choice $384.000 $415,500 All operating expenses are paid in cash in the month incurred. Compute the total budgeted selling and administrative expenses (excluding interest) amount for January Year 2. Multiple Choice $384.000 $415,500 $454,100 $454.000