1) Loweland Corp has the following sales data forecast for the coming year Q1 Budgeted sales in units 4,160.00 Q2 Budgeted sales in units 5,200.00 Q3 Budgeted sales in units 6,240.00 Q4 Budgeted sales in units 5,720.00 Selling price/ per unit $10.40 Sales collection in current quarter 65% Sales collection in next quarter 30% Uncollectible 5% Last year outstanding A/R $41,860.00 Last year ending inventory 1040.00 desired ending inventory is 7.80% of next quarter budgeted sales desired ending inventory for the forth quarter is 1170.00 Please prepare the Sales and Production Budget