NFT is preparing budgets for the Quarter Ending Sept 30th, 2022. Budgted Sales for the next 6 months are: Each Unit sells for $26. Sales Budget Budgeted Sales In Units Selling Price Per Unit Total Budgeted Sales Part 2: (5 marks) All of NFT's sales are on Account. NFT's collection Pattern is: Month Units July 32000 August 42000 September 32000 October 21000 November 23000 December 36000 Sales Budget July August September Quarter The June 30th accounts receivable balance of $132,000 will be collected in full. Accounts Receivable July Sales Aug Sales Sep Sales Total Cash Collections % Type 60.00 Collected in the month of s 35.00 Collected in the following Uncollectible 5.00 Cash Collections July August September Quarter Part 3: (5 marks) NFT wants an ending inventory equal to 15% of the following month's budgeted sales in units. On June 30th, 21,000 units were on hand. The September 30th desired ending inventory is 20,000. units Budgeted Sales Desired Ending Inventory Total Needs Less Beginning Inventory Required Production Production Budget July August September Quarter