The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year: 1st 2nd 3rd 4th Quarter Quarter Quarter Quarter Budgeted sales (units) 8,500 10,500 12,500 11,500 The selling price of the company's product is $25 per unit. Management expects to collect 60% of sales in the quarter in which the sales are made and 35% in the following quarter, 5% of sales are expected to be uncollectible. The beginning balance of accounts receivable, all of which are expected to be collected in the first quarter, is $85,500. The company expects to start the first quarter with 2,250 units in finished goods inventory Management desires an ending finished goods inventory in each quarter equal to 15% of the next quarter's budgeted sales. The desired ending finished goods inventory for the fourth quarter is 2,500 units. Required: 1-a. Prepare the company's sales budget.