Walnut has forecast sales for the next three months as follows: July 4,700 units, August 6,900 units, September 8,000 units. Walnut's policy is to have an ending inventory of 50% of the next month's sales needs on hand. July 1 inventory is projected to be 2,100 units. Selling and administrative costs are budgeted to be $16,000 per mornth plus $14 per unit sold. What are budgeted selling and administrative expenses for July? O $81.800 O $77300 o $143,500 O $84.700