B- AAA Company has estimated the following for the year 2019 for one of its products. (i) Sales Estimations First Quarter Expected Sales (Units) 2,000 Selling Price $ 25 Second Quarter Third Quarter Fourth Quarter 2,400 2,600 2,200 $ 25 $ 25 $ 25 (ii) Inventory estimations - Beginning inventory for first quarter: 400 units The company desires to have an ending inventory each quarter equal to 25% of the next quarter's sales. The first quarter's sales for the following year 2020 is expected to be 3,400 units. Required: Prepare the Sales Budget and the Production Budget for 2019 (15 Marks)