Exercise 7-2A (Algo) Preparing a sales budget LO 7-2 Rundle Company, which expects to start operations on January 1 year 2. will sell digital cameras in shopping malls, Rund has budgeted sales as indicated in the following table. The company expects a 10 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 a. Complete the sales budget by filling in the missing amounts b. Determine the amount of sales revenue Rundle will report on its first quarter pro forma income statement Complete this question by entering your answers in the tabs below. Required A Required Complete the sales budget by Piling in the missing amount. (Do not found intermediate calculation. Round Tingt answers to two decimal places) Poby March Cash sale Saeson account To budgedalen $ 35,000 119,000 $ 155,000 Required B Exercise 7-2A (Algo) Preparing a sales budget LO 7-2 Rundle Company, which expects to start operations on January 1 year 2, will sell digital cameras in shopping malls. Rundle has budgeted sales as indicated in the following table. The company expects a 10 percent increase in sales per month for February and March. The ratio of cash sales to sales on occount will remain stable from January through March Required a. Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue Rundle will report on its first quarter pro forma Income statement Complete this question by entering your answers in the tabs below. Required A Required B Determine the amount of sales revenue Rundle will report on its first quarter pro forma income statement. (Do pot round Intermediate calculations. Round final answers to two decimal places.)