In 2017. McGrath & Sons, a small enviranmental-testing fim. performed 12.000 radon tests for $300 each and 15,400 lead tests for $220 each. Because newer homes are being built with lead-free pipes, lead-testing if he lowers his price for lead testing to $200 per test, he will have to face only a 6% decline in lead-test sales in 20 result in a 4% increase in radon-test volume each year in the near future. Jim McGrath feels that Read the requirements. Requirement 1. Prepare the sales budget for McGrath & Sons assuming that prices are held at 2017 levels. Sales Budget For the Year Ended December 31, 2018 Total revenues Radon tests Lead tests Tata Prepare the sales budget assuming that McGrath lowers the price of a lead test to $200. Requirement Sales Budget For the Year Ended December 31, 2018 Total revenues Radon tests Lead tests Total Choose from any list or enter any number in the input fields and then continue to the next question. - X i Requirements 1. Prepare holds prices at 2017 levels a 2018 sales budget for McGrath & Sons assuming that McGrath 2. Prepare a 2018 sales budget for McGrath & Sons assuming that McGrath lowers the price of a lead test to $200. Should McGrath lower the price of a lead test in 2018 if the company's goal is to maximize sales revenue? Print Done