Walnut has forecast sales for the next three months as follows: July 5,600 units, August 7,600 units, September 9,100 units. Walnut's policy is to have an ending inventory of 40% of the next month's sales needs on hand. July 1 inventory is projected to be 3,100 units. Selling and administrative costs are budgeted to be $31,000 per month plus $5 per unit sold. What are budgeted selling and administrative expenses for September? Multiple Choice O $47200 $98,400 O $76,500 $44.000