Baird Corporation, which has three divisions is preparing its sales budget. Each division expects a different growth rate because economic conditions vary in different regions of the country. The growth expectations per quarter are 5 percent for Cummings Division, 3 percent for Springfield division and 7 percent for Douglas division.

Required

a. Complete the sales budget by filling in the missing amounts.

b. Determine the amount of sales revenue that the company will report its quarterly pro forma income statements

Required A:

Division	First Quarter	Second Quarter	Third Quarter	Fourth Quarter
Cummings Division	$110,000
Springfield Division	$340,000
Douglas Division	$260,000

Required B.

Determine the amount of sales revenue that the company will report on its pro forma income statements. (Round intermediate calculations and the final answer to the nearest whole dollar amount.)

	First Quarter	Second Quarter	Third Quarter	Fourth Quarter
Sales Revenue