Suellen meets with licensee Nick to discuss selling the home where she has lived for 30 years. Suellen wants enough money from the sale to purchase a condo in a new community and buy some new furniture without going into debt. She tells Nick she needs to make $215,000 on the sale. Anything he can get over and above that amount will be his to keep. This is an example of a(n)

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: