Plano International Company has three subsidiaries, Seymour Trading Company, Archer Medical Supplies Company, and Milsap Shipping Company. Because the subsidiaries operate in different industries, Plano's corporate budget for the coming year must reflect the different growth potentials of the individual industries. The growth expectations per quarter for the subsidiaries are 4 percent for Seymour, 1 percent for Archer, and 3 percent for Milsap.

Required
a. Complete the sales budget by filling in the missing amounts. (Round the figures to the nearest dollar.)
b. Determine the amount of sales revenue Plano will report on the quarterly pro forma income statements.

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Current Quarter Sales First Quarter Second Quarter Thlrd Quarter Fourth Quarter Subsldlary Seymour Archer Milsap $100,000 120,000 160,000