1. LEXI Inc. manufactures and sells rock climbing gear. LEXI's management team needs to estimate upcoming production for climbing harnesses. The harnesses are sold individually for $130 to retailers like REI and Moosejaw. The team feels that it should maintain inventory levels at 12% of the following month's sales. + LEXI's budgeted sales are below: Harnesses to be sold: October 52,000 Harnesses November 57,200 Harnesses December 62.920 Harnesses January 46,800 Harnesses February 46,800 Harnesses 1. How much sales revenue is budgeted for December? $ 2. How many harnesses should LEXI plan to produce in December? harnesses 3. LEXI's retail customers typically buy climbing gear on account. LEXI's policy requires customers to pay for 20% of their purchases in the month of the sale. and the remainder in the month following the sale. How much cash should LEXI expect to collect in December? $