Webster Corporation's monthly projected general and administrative expenses include $4,000 administrative salaries, $1,400 of other cash administrative expenses, $2,350 of depreciation expense on the administrative equipment, and 0.5% monthly interest on an outstanding bank loan of $30,000. Compute the total budgeted general and administrative expenses budget per month.

Multiple Choice

• $7,750.

• $4,150.

• $5,400.

• $7,900.

• $35,400.