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Current Attempt in Progress Coronado industries estimates its sales at 230000 units in the first quarter and that sales will increase by 20000 units for

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Current Attempt in Progress Coronado industries estimates its sales at 230000 units in the first quarter and that sales will increase by 20000 units for each subsequent quarter during the year. The company has, and desires, an ending finished goods inventory equal to 25%. Each unit sells for 335. 40x of the sales are for cash. 70% of the creditcustomers pay within the quarter. The remainder is collected in the quarter following sale. Cashcollections for the third quarter are budgeted at $7749000$5355000$9324000$10773000

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