Time allowance: 3-5 minutes) Compute the amount for selling and administrative (S&A) expenses that goes in the income statement for year 2025. Use what you need from the following information provided for forecasting the income statement and cash flows for the years 2021 to 2025 for RforU Inc. Discount rate 10% Tax rate 20% 2020 2021 2022 2023 2024 2025 Sales Estimated sales after adjusting erosion/synergies $30000 $33500 $36000 $38100 $40200 Current assets as % of sales 8% 8% 10% 17% 17% Current liabilities as % of sales 6% 5% 5% 10% 5% Fixed part of Cost of Goods Sold $3,000 $1,000 $3,000 $3,000 $3,000 Cost of Goods Sold as % of sales 30% 50% 30% 20% 40% Fixed part of Selling & Admon. (S&A) expenses $3,000 $3,000 $2,000 $3,000 $3,000 S&A expenses as % of sales 10% 20% 20% 20% 20% Depreciation $1,000 $1,000 $1,000 $1,000 $1,000 When entering your answering, do not enter/use dollar sign ($); DO NOT use commas to separate thousands; and round up to zero decimals. If the result is a negative number, enter the minus sign ( - ) in front of the first digit. Do not enter it using parenthesis. If the number is positive, simply enter the number. Specifically for year 2025, selling and administrative (S&A) expenses for 2025 is ______ Answer: 8,040 Incorrect Response (11,040)