The following items were among those that were reported on Wildhorse Co.'s income statement for the year ended December 31, 2020: Legal and audit fees $589000 Rent for office space 712000 Interest expense 850000 Loss on abandoned equipment used in operations 139500 The office space is used equally by Wildhorse's sales and accounting departments. What amount of the above-listed items should be classified as general and administrative expenses in Wildhorse's multiple-step income statement?
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