Finch Company, which expects to start operations on January 1, year 2, will sell digital cameras in shopping malls. Finch has budgeted sales as indicated in the following table. The company expects a 11 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

1. Complete the sales budget by filling in the missing amounts.
2. Determine the amount of sales revenue Finch will report on its first quarter pro forma income statement.
3. Required A
4. Required B

5. Complete the sales budget by filling in the missing amounts. (Do not round intermediate calculations. Round final answers to two decimal places.)

   Sales	January	February	March
   Cash sales	$32,000
   Sales on account	111,000
   Total budgeted sales	$143,000

6. Sales revenue