Compute the total general and administrative expenses

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Webster Corporation's monthly projected general and administrative expenses include $5,400 administrative salaries, $2,800 of other cash administrative expenses, $1,550 of depreciation expense on the administrative equipment, and .5% monthly interest on an outstanding bank loan of $14,000. Compute the total general and administrative expenses to be reported on the general and administrative expense budget per month.

$9,820.

$5,470.

$9,750

$8,200.

$22,200.

Reference no: EM131265244

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