In 2017, Hart & Sons, a small environmental-testing firm, performed 11,400 radon tests for $260 each and 15,000 lead tests for $2.10 each. Because newer homes are being built with lead-free pipes, lead-testing volume is expected to decrease by 12% next year. However, awareness of radon-related health hazards is expected to result in a 5% increase in radon-lest volume each year in the near future. Jim Hart feels that if he lowers his price for load testing to $200 por test, he will have to face only a 4% decline in lead-test sales in 2018. Read the requirements Requirement 1. Prepare the sales budget for Hart & Sons assuming that prices are held at 2017 levels. Sales Budget For the Year Ended December 31, 2018 Total revenues Radon tests Lead tests Total Requirement 2. Prepare the sales budget assuming that Hart lowers the price of a lead test to $200 Sales Budget For the Year Ended December 31, 2018 Total revenues Radon tests Lead tests Tolal Hart lower the price of a lead test in 2018 If Its goal is to maximize sales revenue. Surting that prices are held at 2017 levels. Total revenu i Requirements - X t lowers the pri 1. Prepare a 2018 sales budget for Hart & Sons assuming that Hart holds prices at 2017 levels. 2. Prepare a 2018 sales budget for Hart & Sons assuming that Hart lowers the price of a lead test to $200. Should Hart lower the price of a lead test in 2018 if the company's goal is to maximize sales revenue? Total revenu Print Print Done Done