The income statement for the month of june, 2015 of camera obscura enterprises contains the following information:
revenues $7,000 expenses:
salaries and wages expense $3,000
rent expense 1,500
advertising expense 800
supplies expense 300
insurance expense 100
total expenses 5,700
net income $1,300
at june 1, 2015, camera obscura reported retained earnings of $35,000.
the company had no dividends during june.
at june 30, 2015, the company will report retained earnings of

Schuepfer inc. bases its selling and administrative expense budget on budgeted unit sales. the sales budget shows 1,800 units are planned to be sold in march. the variable selling and administrative expense is $4.30 per unit. the budgeted fixed selling and administrative expense is $35,620 per month, which includes depreciation of $2,700 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the march selling and administrative expense budget should be: