The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year. 1st Quarter 3rd Quarter Budgeted sales (units) 2nd Quarter 10,300 4th Quarter 11,300 8.300 12,300 The selling price of the company's product is $23 per unit. Management expects to collect 65% of sales in the quarter in which the sales are made and 30% 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 $83,500 The company expects to start the first quarter with 2,150 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 2,400 units. Required: 1-a. Prepare the company's sales budget