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.