Webster Corporation's monthly projected general and administrative expenses include $4,900 administrative salaries, $2,300 of other cash administrative expenses, $1,900 of depreciation expense on the administrative equipment, and .5% monthly interest on an outstanding bank loan of $21,000. Compute the total general and administrative expenses to be reported on the general and administrative expense budget per month.

rev: 11_12_2019 CS-190273

Multiple Choice

• $28,200.
• $7,200.
• $9,100
• $5,005.
• $9,205.