Argyle Company is preparing the operating budget for the first quarter of 2012. They forecast sales of $50,000 in January, $60,000 in February, and $70,000 in March. Variable and fixed expenses are as follows:

Variable:

Power cost (40% of Sales)

Miscellaneous expenses (5% of Sales)

Fixed:

Salary expense: $8,000 per month

Rent expense: $5,000 per month

Depreciation expense: $1,200 per month Power cost/fixed portion: $800 per month Miscellaneous expenses/fixed portion: $1,000 per month

How much is the total operating expense for March?