8-1A - Sales Budget and Schedule of Expected Cash Collections Baker Company shows the following estimates for unit sales for 2017: QI Q3 04 Year Units sold 11,000 12,000 14,000 13,000 50,000 04.00 $0.000 The company expects to sell its goods for $50 per unit. Required: a.) Prepare a sales budget for the year. Additional information The company expects to collect 70% of sales in the quarter of the sale, and 25% in the quarter following the sale. 5% of sales are expected to be uncollectible. The company's beginning accounts receivable was $125,000, all of which was expected to be collected in the first quarter. Required: b.) Prepare a schedule of expected cash collections for the year