1. The forecasted sales pertain to Peterson, Inc.:

Fiscal Period	Sales
Quarter 1	$ 400,000
Quarter 2	500,000
Quarter 3	300,000
Quarter 4	200,000
Quarter 1 of next year	900,000

Collection pattern: 60 percent in month of sale; 40 percent in month following the sale

Accounts Receivable (Beginning Quarter 1) : $70,000

Number of Units in Finished Goods Inventory (Beginning Quarter 1): 4,000

All company sales are for $20 per unit. The company plans to maintain ending inventories equal to 20 percent of the next quarter's sales.

How many units does Peterson expect to produce in Quarters 1 through 4?