Fanning Company, which expects to start operations on January 1, year 2, will sell digital cameras in shopping malls. Fanning has budgeted sales as indicated in the following table. The company expects a 14 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 Fanning 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 Complete the sales budget by filling in the missing amounts. (Do not round intermediate calculations. Round final answers to two decimal places.) February March Sales Cash sales Sales on account Total budgeted sales January $ 40,000 114,000 $ 154,000 a. Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue Fanning 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 Fanning will report on its first quarter pro forma income statement. (Do not round intermediate calculations. Round final answers to two decimal places.) Sales revenue