Exercise 14-2A (Algo) Preparing a sales budget LO 14-2 Rooney Company, which expects to start operations on January 1, year 2, will sell digital cameras in shopping malls Rooney has budgeted sales as indicated in the following table. The company expects a 12 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 . Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue Rooney will report on its first quarter pro forma income statement, Complete this question by entering your answers in the tabs below, Required Required Complete the sales budget by falling in the Kissing amounts (Do not round intermediate calculations. Round final answers to two decimal places) February March Sales Cash sales Sales on account January 34.000 115 000 tit Required A Required Complete the sales budget by filling in the missing amounts. (Do not round intermediate calculations. Round in answers to two decimal places) February March Sales Cash sales Sales on account Total budgeted sales January 5 34.000 115.000 $ 149.000 Required NUN Revue Determine the amount of sales revenue Rooney will report on its first quarter pro forma income statement. intermediate calculations. Round final answers to two decimal places.) Sales revenue