Solaris Corporation prepared the following estimates for the four quarters of the current year: First Quarter Second Quarter Third Quarter Fourth Quarter Sales $ 1,550,000 $ 1,860,000 $ 2,170,000 $ 2,480,000 Cost of goods sold 455,000 535,000 605,000 655,000 Administrative costs 360,000 210,000 215,000 225,000 Advertising costs 0 200,000 0 0 Executive bonuses 0 0 0 96,000 Provision for bad debts 0 0 0