• Chegg Manufacturing Company (CHG) is closing its books for the year ended 12/31 X4. You are aware the Management of Chegg has an aggressive attitude toward achieving both their budgeted annual sales and budgeted net income. Historically, Chegg's sales tend to be spread fairly uniformly throughout the year (i.e. Chegg is not a seasonal business). Also, in recent years, Chegg's sales have been increasing about 20% per year.
• You note the following calendar quarterly sales for the year-end 12/31/X4 and the two prior years 12/31/X2 & 12/31/X3.

Calendar Year Ending	$ Sales in Quarter Ending March 31st	$ Sales in Quarter Ending June 30th	$ Sales in Quarter Ending September 30th	$ Sales in Quarter Ending December 31st
12/31/X2	$1,040,000	$970,000	$1,020,000	$1,030,000
12/31/X3	$1,210,000	$1,230,000	$1,260,000	$1,280,000
12/31/X4	$2,100,000	$2,300,000	$2,700,000	$3,400,000

Required:

1. Prepare a line chart --using Excel -- of Sales by Quarter by year. The Quarters should be on the horizontal axis; dollar sales should be on the vertical axis. Your chart should have 3 lines one for each year. Your chart should have an appropriate title. Students must submit via D2L both this line chart as well as their comments required in 2 below.
2. Please explain any concerns you have based upon your review of the completed line chart in view of the Facts described above.