Q: Mariam Company provided below information, according to these information please 1. Sales and acsh receipt Budgets 2. Purchases and cash payment budgets QL Estimated product sales unds Qz Q of 10,000 Estimated service hours on hours) 8000 3.000 1.000 3,000 2000 Estimated service price in each ten hour 4,000 1800 $1.000 Quarter 2 is 50% of quarter 1 sales units Quarter 3 is threefold of quarter 4 that consed 30 % of quarter 1 sales units Current quarter collechons ton product sales serv Subsequent quarter colechons the rest of collection will be collected in thed quarter of each quar End Balance of AR year before last year Total sales Cost of expected sales groduct) Requient end, weetory of nest quarter's sales "Beg Inventory of the last year "Expected product sales unds at Q1for next year Current quarter payments Bybsequent quarter payments Beginning balance of A/P Coast Jewelers 1. Sales Budget Professional service revenue Estimated product sales reve Tetal Revenues Qumtion 1 Queston Chation3 Quarter 50% 60% 20% 40% $100.000 $1.500.000 70%. 75% $125,000 0000 75% 25% $50 000 2nd Quarter 3rd Quarter 4th Year