Sales Forecast and BudgetVideo$-$Forward, Inc., designs and manufactures wearable video cameras. Models A$-1,$ A$-2,$ and A$-3$ are lightweight video cameras that can be used on arms and headbands. Models A$-4$ and A$-5$ have larger memory, better resolution, and more Wi$-$Fi$-$related features. It is now early January and Video$-$Forward's budgeting team is finalizing the sales budget for this year. Sales in units and in dollars for last year were as follows:Model Number Sold Price Revenue A$-120,000$$$50$ $$1,000,000$ A$-230,000752,250,000$ A$-350,000904,500,000$ A$-415,0001201,800,000$ A$-52,000200400,000$ $$9,950,000$In looking over the last year's sales figures, Video$-$Forward's sales budgeting team recalled the following:Model A$-1$ costs were rising faster than the price could rise. Preparatory to phasing out this model, Video$-$Forward, Inc., planned to slash advertising for this model and raise its price by $30$ percent. The number of units of Model A$-1$ to be sold was forecast to be $50$ percent of last year's units.Model A$-5$ was introduced on November $1$ of last year. It contains a built$-$in $20$ GB hard drive and can be synchronized with several popular music software programs. Video$-$Forward brought out this model to match competitors' video cameras, but the price is so much higher than other Video$-$Forward products, that sales have been disappointing. The company plans to discontinue this model on June $30$ of this year, and thinks that monthly sales will remain at last year's level if the sales price remains unchanged.Video$-$Forward plans to introduce Model A$-6$ on July $1$ of this year. It will be a high$-$end player that will be lighter and more versatile than Model A$-5($which it will replace$).$ The target price for this model is $$180$; unit sales are estimated to equal $2,500$ per month.A competitor has announced plans to introduce an improved version of Model A$-3.$ Video$-$Forward believes that the Model A$-3$ price must be cut $20$ percent to maintain unit sales at last year's level.It was assumed that unit sales of all other models would increase by $10$ percent, prices remaining constant.Required:Prepare a sales forecast by product and in total for Video$-$Forward, Inc., for this year.