1. Calculate the estimated sales for each quarter and for the year as a whole. 2. Calculate the expected cash collections for each quarter and for the year as a whole. 3. Calculate the required production in units of finished goods for each quarter and for the year as a whole. Complete this question by entering your answers in the tabs below. Calculate the expected cash collections for each quarter and for the year as a whole. The marketing department of Jessi Corporation submitted the following sales forecast for next year (all sales are on account): The selling price of the company's product is $17 per unit. Managemont expects to collect 65% of sales in the quarter in which the soles are made and 30% in the following quarter, 5% of saless are expected to be uncollectible. The beginning balance of accounts receivable, all of which is expected to be collected in the first quartec, is $71,800. The company expects to start the first quarter with 1,770 units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to 15% of the next quarter's budgeted sales. The desired ending finished goods inventory for the fourth quarter is 1,970 units. Required: 1. Calculate the estimated sales for each quarter and for the year as o whole. 2. Calculate the expected cosh collections for each quarter and for the year as a whole. 3. Calculate the required production in units of finishod goods for each quarter and for the year as a whole. Complete this question by entering your answers in the tabs below. Calculate the estimated soles for esch quarter and for the year as a whole. Required: 1. Calculate the estimated sales for each quarter and for the year as a whole. 2. Calculate the expected cash collections for each quarter and for the year as a whole. 3. Calculate the required production in units of finished goods for each quarter and for the year as a whole. Complete this question by entering your answers in the tabs below. Caiculate the required production in units of finished goods for each quarter and for the year as a whole