Wala Incorporated bases its selling and administrative expense budget on the number of units sold. The varlable selling and administrative expense is $4.00 per unit. The budgeted fixed selling and administrative expense is $30,140 per month, which Includes depreclation of $3,410. The remainder of the fixed selling and administratlve expense represents current cash flows. The sales budget shows 4,100 units are planned to be sold In July. Required: Prepare the selling and administrative expense budget for July