Zelia, Inc. has prepared the operating budget for the first quarter of the year. The company forecast sales of $40,000 in January, $50,000 in February, and $60,000 in March. Variable and fixed expenses are as follows: Power cost (20% of sales) Miscellaneous expenses: (10% of sales) ixed Expenses Salaries expense: $8,000 per month Rent expense: $5,000 per month Depreciation expense: $1,200 per month Power cost/fixed portion: $800 per month Miscellaneous expenses/fixed portion: $1,200 per month Using the information above, calculate the amount of budgeted selling and administrative expenses for the month of February