Preston Foods produces specialty soup sold in jars. The projected sales in dollars and jars for each quarter of the upcoming year are as follows: Total sales Number of jars revenue sold Preston anticipates selling 224,000 jars with total sales revenue of $263,000 in the first quarter of the year following the year given in the preceding table. Preston has a policy that the ending inventory of jars must be 30% of the following quarter's sales. 1st quarter $ 188,000 151,500 Requirement Prepare a production budget for the year that shows the number of jars to be produced each quarter and for the year in total. 212,000 184,000 2nd quarter ... $ 3rd quarter $ 4th quarter $ 250,000 210,500 195,000 164,000 For the Quarters in the Upcoming Year Quarter 1 Quarter 2 Quarter 3 151500 184000 210500 Quarter 4 Year Unit sales 164000 710000 Plus: Desired ending inventory Total needed