Rundle Pointers Corporation expects to begin operations on January 1 , year 1 ; it will operate as a specialty sales company that sells foser pointers over the internct. Pundle expects sales in January year 1 to total $300,000 and to increase 15 percent per month in February and March. All sales are on account. Rundle expects to collect 68 percent of accounts recelvable in the month of sale, 24 percent in the month following the sale, and 8 percent in the second month following the sale. Required a. Prepare a sales budget for the first quarter of year 1. b. Determine the amount of sales revenue Rundle will report on the year 1 first quarterly pro forma income statement. c. Prepare a cash receipts schedule for the first quarter of year 1 . d. Determine the amount of accounts recelvable as of March 31 , year 1. Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Prepare a cash receipts schedule for the first quarter of year 1. (Do. not round intermedlate calculations, Round your final answers to the nearest whole dollar.) Rundie Pointers Corporation expects to begin operations on Jonuary 1, year 1 ; it will operate as a specialty sales company that sells toser pointers over the Internet. Rundie expects soles in Janusary year 1 to total $300,000 and to increase 15 percent per month in February and March. All sales are on account. Rundle expects to collect 68 percent of accounts receivable in the month of sale, 24 percent in the month following the sale, and 8 percent in the second month following the sale. Required a. Prepare a sales budget for the first quarter of year 1. b. Determine the amount of sales revenue Rundle will report on the year 1 first quarterly pro forma income statement. c. Prepare a cash recelpts schedule for the first quarter of year 1. d. Determine the amount of accounts recelvable as of March 31, year 1 . Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below. Determine the amount of accounts receivable as of March 31, year 1. (Do not round intermediate calculations, Round your final answers to the nearest whole doliar)