Webster Corporation's monthly projected general and administrative expenses include $5,600 administrative salaries, $3,000 of other cash administrative expenses, $1,650 of depreciation expense on the administrative equipment, and 0.5% monthly interest on an outstanding bank loan of $16,000. Compute the total budgeted general and administrative expenses budget per month.

Multiple Choice

$10,250.

$8,600.

$24,600.

$10,330.

$5,680.

Webster Corporation's monthly projected general and administrative expenses include $5,600 administrative salaries, $3,000 of other cash administrative expenses, $1,650 of depreciation expense on the administrative equipment, and 0.5% monthly interest on an outstanding bank loan of $16,000. Compute the total budgeted general and administrative expenses budget per month. Multiple Choice $10,250. $8,600. $24,600. $10,330. $5,680