Adjusted trial balance at december

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Reference no: EM13765057

Blue Corp. reports operating expenses in two categories: (1) selling and (2) general and administrative. The adjusted trial balance at December 31, 201X, included the following expense accounts.

Accounting and legal fees	$150,000
Advertising	$125,000
Freight-out	$65,000
Interest	$80,000
Loss on sale of long-term investments	$35,000
Officers' salaries	$200,000
Rent for office space	$160,000
Sales salaries and commissions	$110,000

One half of the rented premises are occupied by the sales department.

How much of the expenses listed above should be included in Perry's selling expenses for 201X?

Reference no: EM13765057

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