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The following budget information is available for the Dogwood Company for January Year 2: Sales $25,000 Salaries 3,000 Advertising 6,000 Depreciation 2,000 Rent 5,000 Sales

The following budget information is available for the Dogwood Company for January Year 2:

Sales

$25,000

Salaries

3,000

Advertising

6,000

Depreciation

2,000

Rent

5,000

Sales commission

4% of sales

All operating expenses are paid in cash in the month incurred. Compute total budgeted cash payments for selling and administrative expenses January Year 2.

$17,000

$41,000

$16,000

$15,000

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