need the first picture blanks answered

The Grady Tire Company manufactures racing tires for bicycles. Grady sells tires for $70 each. Grady is planning for the next year by developing a master budget by quarters. Grady's balance sheet for December 31, 2024, follows: (Click the icon to view the balance sheet.) Other data for Grady Tire Company: (Click the icon to view the other data.) Read the requirements. (Uniess otherwise noted, assume all of the following events occurred duning 2024 and that any balunces given wo stated as of December 31, 2024) a. Budgotod whes are 1,800 tines for the fint quarter and expected to increase by 100 tires per quartar. Cash sales are expocted to be 20% of total sales. with the remaining 60% of sales on account. b. Finished Goods inventory on December 31,2024 cocsists of 300 tros at $24 each. c. Desired ending Finubed Goods inventory is 20h of the nent quanters sales: fint cuarter sales for 2026 are expected be 2.200 tires. Fir o inventory conting mothod is used. d. Raw Matenals inventory on Desember 31, 2024, consists of 600 pounds of rubber conpound used to manufacture the tres. e. Direct materials requirements are two pounds of a nober compound per bre. The cost of the compound is $5,00 per pound. 1. Desired ending Raw Matenals inventory is 20% of the next quartere dinct matercls neted for production dested ending imentory for December 31,2025 is 600 pounds, indrect materals are insigificant and net considered for budgeting purposes. 9. Each tire requires 0.60 hours of drect labor; direct laber costs average $2.5 per hour. h. Varable manufacturing overhead is $5 per tire. 1. Forod mandactueng overhead includes $5,800 per quavter in depreciation and $13,159 per quarter for other costs, woch os utlitios, insurarse, and property taxes. 1. Fised seling and administresve expenses include $13,000 per guarter for salaries; $1,800 per quarter k. Variablo seling and administrative expenses include supplies at 25 of sales. 1. Captal expenoflures include $55,000 for new mandacturing equipenent to be purchased and paid in the first quarter. uncolbectble accounts are considered insignificant and not centideced for budgeting purposes. Reference