Gibson Company, which expects to start operations on January 1, 2018, will sell digital cameras in shopping malls. Gibson 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 a. Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue Gibson 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. (Round intermediate calculations and final answers to 2 decimal places.) Sales February March Cash sales January $ 36.000 118,000 $ 154,000 Sales on account Total budgeted sales Reanimadin of 5 Next search Gibson Company, which expects to start operations on January 1, 2018, will sell digital cameras in shopping malls. Gibson 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 a. Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue Gibson 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 Gibson will report on its first quarter pro forma income statement. (Round intermediate calculations and final answer to 2 decimal places.) Sales revenue search