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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

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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 $10,330 $5,680 $24,600 $8,600. 510250

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