The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year: The selling price of the company's product is $33 per unit. Management expects to collect 55% of sales in the quarter in which the sales are made and 40% in the following quarter; 5% of sales are expected to be uncollectible. The beginning balanci of accounts receivable, all of which are expected to be collected in the first quarter, is $93,500. The company expects to start the first quarter with 2,650 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 gonds inventory for the fourth quarter is 2,900 units. Required: 1-a. Prepare the company's sales budget. 1.b. Prepare the schedule of expected cash collections. 1.b. Prepare the schedule of expected cash collections. 2. Prepare the company's production budget for the upcoming fiscal year