Exercise A Hike n' Run Company has decided to produce 288,000 pairs of socks at a uniform rate throughout 2010. The sales department of Hike n' Run has estimated sales for 2010 according to the following schedule: Sales of pairs of socks First quarter 76,800 Second quarter 62,400 Third quarter 72,000 Fourth quarter 100,800 Total for 2007 312,000 Assume the 2009 December 31, inventory is estimated to be 38,400 pairs of socks. Prepare a schedule of planned sales and production for the first two quarters of 2010.