Badlands Inc. manufactures a household fan that sells for $$25$ per unit. All sales are on account, with $40$ percent of sales collected in the month of sale and $60$ percent collected in the following month. The data that follow were extracted from the company's accounting records.

Badlands maintains a minimum cash balance of $$21,000.$ Total payments in January $201$ are budgeted at $$215,000.$

A schedule of cash collections for January and February of $201$ revealed the following receipts for the period:

March $201$ sales are expected to total $7,000$ units.

Finished$-$goods inventories are maintained at $30$ percent of the following month's sales.

The December $31,200,$ balance sheet revealed the following selected figures: cash, $$24,000$; accounts receivable, $$105,000$; and finished goods, $$24,600.$

Required:

Determine the number of units that Badlands sold in December $200.$

Compute the sales revenue for March $201.$

Compute the total sales revenue to be reported on Badlands' budgeted income statement for the first quarter of $201.$

Determine the accounts receivable balance to be reported on the March $31,201,$ budgeted balance sheet.

Calculate the number of units in the December $31,200,$ finished$-$goods inventory.

Calculate the number of units of finished goods to be manufactured in January $201.$

Calculate the financing required in January, if any, to maintain the firm's minimum cash balance.

$\backslash$table$[[1.,$December sales,units$],[2.,$March sales revenue,$],[3.,$First quarter sales revenue,$],[4.,$March $31$ accounts receivable balance,$],[5.,$December $31$ finished$-$goods inventory,units$],[6.,$Finished goods to be manufactured in January,units$],[7.,$Financing required in January,$]]$