Webster Corporation's monthly projected general and administrative expenses include $4,400 administrative salaries, $1,800 of other cash administrative expenses, $2,150 of depreciation expense on the administrative equipment, and .5% monthly interest on an outstanding bank loan of $26,000. Compute the total general and administrative expenses to be reported on the general and administrative expense budget per month.

Multiple Choice

$32,200.

$6,200.

$8,350

$4,530.

$8,480.