Webster Corporation's monthly projected general and administrative expenses include $5,700 administrative salaries, $3,100 of other cash administrative expenses, $1,700 of depreciation expense on the administrative equipment, and .5% monthly interest on an outstanding bank loan of $17,000. Compute the total general and administrative expenses to be reported on the general and administrative expense budget per month.

Multiple Choice

• $25,800.
• $8,800.
• $10,500
• $5,785.
• $10,585.