The following details have been extracted from the budget of a merchandising company Rent Expense $8,100 per month Depreciation Expense $4,000 per month $1,000 per month Insurance Expense Miscellaneous Expense 4% of sales, paid as incurred Commissions Expense 0% of sales Salaries Expense $7,000 per month Dec Sales $80,000 Jan Feb $85,000 $100,000 March $115.000 Commissions and salaries expenses are paid 50% in the month to which they are incuned and the balanco is the next month, Rent and miscellaneous expenses are paid as and when they occur Insurance is prepaid at the beginning of the quarter Calculate cash payments for the selling and administrative expenses for the first quarter of the next year. OA. $82,900 OB. $48,300 OC. $28,100 OD. $34,600