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Exercise 7-2A (Algo) Preparing a sales budget LO 7-2 Benson Company, which expects to start operations on January 1, year 2, will sell digital cameras

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Exercise 7-2A (Algo) Preparing a sales budget LO 7-2 Benson Company, which expects to start operations on January 1, year 2, will sell digital cameras in shopping mals Benson has budgeted sales as Indicatod In the followng table. The company expects a 11 porcent increase in salos por month for February and March. The ratto of cash sales to sales on acCount will remain stable from January through March Required a Complete the sales budgot by filling in the missing amounts. b. Determine the amount of sales revenue Benson will report on Its first quarter pro forma income statoment Complete this question by entering your answers in the tabs below. Required A Required B Complete the sales budget by filling in the missing amounts. (Do not round intermediate calculations. Round final ansviers to two decimal places.) March Febriary January Sales 44000 109.000 $ 153.000 Cash sales Sales on account Total budgeted sales Required B>

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