Anyone can help me with this question? I need steps. Thanks

Below is some budget information for the SockMaker Company for January Year 3: Sales $ 1,000,000 Cost of goods sold 720,000 Utilities expense 7,000 Administrative salaries 90,000 Sales commissions 5% of sales 20,000 Advertising Depreciation on store equipment Rent on administration building 42,000 70,000 Miscellaneous administrative expenses 5,000 All operating expenses are paid in cash in the month incurred. Compute the total budgeted selling and administrative expenses (excluding interest) amount for January Year 3. Selected Answer: $242,000 Answers: $234,000 $284,000 $242,000 $1,004,000 $222,000