Waterway Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $24,480 in the first quarter, and $4,080 increments are expected in the remaining quarters of 2025 . Fixed expenses are expected to be $40,800 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2025. Waterway Compary classifies its selling and administrative expense budget into variable and foxed components. Variable expenses are expected to be $24,480 in the first quarter, and $4,080 increments are expected in the remalining quarters of 2025 . Fixed expenses are expected to be $40,800 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2025. Waterway Company classifies its selling and administrative expense budget into variable and fixed components. Variable expenses are expected to be $24,480 in the first quarter, and $4,080 increments are expected in the remaining quarters of 2025 . Fixed expenses are expected to be $40,800 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2025. Waterway Compary classifies its selling and administrative expense budget into variable and foxed components. Variable expenses are expected to be $24,480 in the first quarter, and $4,080 increments are expected in the remalining quarters of 2025 . Fixed expenses are expected to be $40,800 in each quarter. Prepare the selling and administrative expense budget by quarters and in total for 2025