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Exercise 142A (Algo) Preparing a sales budget LO 142 Gibson Compary, which expects to start operations on January 1, year 2, will sell digital cameras in shopping malls, Gibson has budgeted sales as indicated in the following table, The company expects a 11 percent increase in sales per month for February and March. The ratio of cash sales to sales on account will remain stable from January through March. Required a. Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue Gibson will report on its first quarter pro forma income statement. Complete this question by entering your answers in the tabs below. Complete the sales budget by filling in the massing amounts. (Do not round intermedate calculations. Round final answers to two decimal places.) Gibson Company, which expects to start operations on January 1, year 2, will sell digital cameras in shopping malls, Gibson has budgeted sales as indicated in the following table. The company expects a 11 percent increase in sales per month for February and March. The ratio of cash sales to sales on account will remain stable from January through March. Required 0. Complete the sales budget by filling in the missing amounts. b. Determine the amount of sales revenue Gibson will report on its first quarter pro forma income statement. Complete this question by entering your answers in the tabs below. Determine the amount of sales revenue Gibson will report on its first quarter pro forma income statement. (Do not round intermediate calculations. Plound final answers to two decimal places.)