The cost account for Jake Ace, Corp. develops a Selling and Administrative Budget based on the following information: Jake Ace, Corp. Salaries Expense, fixed Sales Commissions $25,200 per quarter 3.00% of sales Rent Expense, fixed Insurance Expense, fixed Supplies Expense $15,400 per quarter $2,000 per quarter Depreciation Expense, fixed $2,600 per quarter 1.50% of sales Project Sales First Quarter $248,000 Second Quarter $272,000 Third Quarter $296,000 Fourth Quarter $320,000 Complete the Selling and Administrative Budget for 2021. Jake Ace, Corp. Selling & Administrative Expense Budget For the Year Ended December 31, 2021 Salaries Expense Sales Commissions Rent Expense Insurance Expense Depreciation Expense Supplies Expense Total Budgeted Selling & Admin. Exp. Submit All Parts First Qtr. Second Qtr. Third Qtr. Fourth Qtr. Total