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Baird Company, which expects to start operations on January 1. year 2. will sell digital cameras in shopping malls, Baird has budgeted sales as indicated

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Baird Company, which expects to start operations on January 1. year 2. will sell digital cameras in shopping malls, Baird has budgeted sales as indicated in the following table. The company expects a 14 percent increase in sales per month for February and March. The ratio of cash sales to sales on account will remain stable from January through March. Required a. Complete the sales budget by filing in the missing amounts b. Determine the amount of sales revenue Baird will report on its first quarter pro forma income statement Required A Required B Complete the sales budget by filling in the missing amounts. (Do not round intermediate calculations. Round final answers to two decimal places.) Sales January Febru+y March Cash sales $ 44,000 Sales on account 112,000 Total budgeted sales $ 156,000 FOTOA Required B > Required A Required B Determine the amount of sales revenue Baird will report on its first quarter pro forma income statement. (Do not round Intermediate calculations. Round final answers to two decimal places) Salonu

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