2. Specialty Products currently sells a single product with a selling price of $200 per unit. They expect to raise the selling price to $210 at the beginning of the fourth quarter. The following unit sales are budgeted for the last 2 quarters of 2022: Quarter 3 7,000 units Quarter 4 8,000 units Required: Prepare a sales budget in good form for Specialty Products for quarters 3 and 4. Totals for the 2 months together are not needed. 3. Use the information from the sales budget of Specialty Products. All sales are credit sales. The net accounts receivable balance at the end of quarter 2 end is $500,000, all of which is expected to be collected in quarter 3. The company collects 60% of sales in the quarter of the sale and 40% in the following quarter. Assume there are no bad debts. Required: Prepare a cash collections budget in good form for quarters 3 and 4. Totals for the 2 months together are not needed. The Accounts Receivable balance at the end of quarter 4 is