Wala Inc. bases its selling and administrative expense budget on the number of units sold. The variable selling and administrative expense is $4.20 per unit. The budgeted fixed selling and administrative expense is $30,310 per month, which includes depreciation of $3,580. The remainder of the fixed selling and administrative expense represents current cash flows. The sales budget shows 2,600 units are planned to be sold in July. Required: Prepare the selling and administrative expense budget for July. July Fixed selling and administrative expense Total selling and administrative expense Cash disbursements for selling and administrative expenses