Wala Incorporated bases its selling and administrative expense budget on the number of units sold. The variable selling and administrative expense is $4.10 per unit. The budgeted fixed selling and administrative expense is $30,150 per month, which includes depreciation of $3,420. The remainder of the fixed selling and administrative expense represents current cash flows. The sales budget shows 4,000 units are planned to be sold in July.Required:Prepare the selling and administrative expense budget for July.