In 2020, Peterson & Sons, a small environmental-testing firm, perlormed 10,800 radon tests for $250 each and 16,000 lead tests for $200 each. Because newer hemes are being buil w pipes, load-lesting volume is expected to decrease by 11% next year. However, awareness of radon-related heallh hazards is expected to result in a 7% increase in radon-test volume each year in the near future. Jim Poterson teels that if he lowers his price for lead lesting to $180 per test, he will have to tace only a b\% decline in lead-lest walos in 2021 . Read the recovitements Requirement 1. Prepare the sales budget for Pelerson & Sons assuming that prices are held at 20C0 levels. Requirements 1. Prepare a 2021 sales budget for Peterson \& Sons assuming that Peterson holds prices at 2020 levels. 2. Prepare a 2021 sales budget for Peterson \& Sons assuming that Peterson lowers the price of a lead test to $180. Should Peterson lower the price of a lead test in 2021 if the company's goal is to maximize sales revenue? Requirement 1. Prepare the sales budget for Peterson \& Sons assuming that prices are held at 2020 levels