In 2017, Welty & Sons, a small environmental-testing firm, performed 12,400 radon tests for $320 each and 15,800 lead tests for $230 each. Because newer homes are being built with lead-free pipes, lead-testing volume is expected to decrease by 15% next year. However, awareness of radon-related health hazards is expected to result in a 4% increase in radon-test volume each year in the near future. Jim Welty feels that if he lowers his price for lead testing to $210 per test, he will have to face only a 6% decline in lead-test sales in 2018. Read the requirements. Requirement 1. Prepare the sales budget for Welty & Sons assuming that prices a Requirements Sales Budget For the Year Ended December 31, 2018 Total revenues Radon tests 1. Prepare a 2018 sales budget for Welty & Sons assuming that Welty holds prices at 2017 levels. 2. Prepare a 2018 sales budget for Welty & Sons assuming that Welty lowers the price of a lead test to $210. Should Welty lower the price of a lead test in 2018 if the company's goal is to maximize sales revenue? Lead tests Total Requirement 2. Prepare the sales budget assuming that Welty lowers the price of Print Done Sales Budget For the Year Ended December 31, 2018 Total revenues Radon tests Lead tests Total Welty Vlower the price of a lead test in 2018 if its goal is to maximize sales revenue. Choose from any list or enter any number in the input fields and then continue to the next