Sycamore Company, which expects to start operations on January 1, 2014, will sell digital cameras in shopping malls. Sycamore has budgeted sales as indicated in the following table. The company expects a 11 percent increase in sales per month for February and March. The ratio of cash sales to sales on account will remain stable from January through March.

Required

a.	Complete the sales budget by filling in the missing amounts. (Round your answers to 2 decimal places.)

sales	january	february	march
Cash sales	$32,000
Sales on account	104,000
Total budgeted sales	$136,000

.	Determine the amount of sales revenue Sycamore will report on its first quarter pro forma income statement. (Round your answer to 2 decimal places.)