Benson Company, which expects to start operations on January 1, 2018, will sell digital cameras in shopping malls. Benson has budgeted sales as indicated in the following table. The company expects a 13 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

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

2. Determine the amount of sales revenue Benson will report on its first quarter pro forma income statement.

• Required A
• Required B

Complete the sales budget by filling in the missing amounts. (Round intermediate calculations and final answers to 2 decimal places.)

Sales	January	February	March
Cash sales	$42,000	$47,460.00
Sales on account	108,000
Total budgeted sales	$150,000

Determine the amount of sales revenue Benson will report on its first quarter pro forma income statement. (Round intermediate calculations and final answer to 2 decimal places.)

	Sales revenue