OKILA Ltd started its operations in the production of detergents in early 2021. However, the management decided to diversify its business model by incorporating additional products, that of Sanitizers, from 2022 onwards. A consultant (Leon) was engaged to carry out a study and provide estimates for 2022 operations. The following was the information provided after the use of one forecasting technique:  
i. OKILA Ltd, will be manufacturing   1,000 sanitizers in boxes of 50 in each box (MAKING A SET) in 2022.  
ii. According to estimates by the Individual Consultant, Leon,  the OKILA Ltd will have an expected unit sales increase of 10% in quarter one, 12% in quarter two, and 16% in quarters three and four.  
 
iii. Accounts receivable at the beginning of the year stood at $5,000,000. This amount is expected to collect in the 1st Quarter of 2022  
iv. Price/ Unit will be increasing by 15% in each Quarter due to expected inflationary pressures. In the 1st Quarter, the price per set will be $3,000.
 
v. Since OKILA Ltd sells its sanitizers on credit to some of its loyal customers and that of each quarter’s sales,     85 % will be collected in the 1st Quarter of the sale; 10% is collected in the following quarter, and 5% is bad debt.  Required:

 a). Calculate OKILA Ltd sales budget for one year on quarterly basis. 

 b). What is the amount of accounts receivable at the end of Dec., 2022 whose amount   will be received in the 1st quarter of 2023?