The marketing department of Jessi Corporation has submitted the following sales forecast for the upcoming fiscal year fall sales are on account): The selling price of the company's product is $24 per unit Management expects to collect 75% of sales in the quarter in which the sales are made, 20% in the following quarter, and 5% of sales are expected to be uncollectible. The beginning balance of accounts receivable, all of which is expected to be collected in the first quarter, is $73,200. The company expects to start the first quartet with 2.500 units in finished goods inventory Management desires an ending finished goods inventory in each quarter equal to 20% of the next quarter's budgeted saies. The desired ending finished goods inventory for the fourth quarter is 2700 units. Required: 1. Calculate the estimated sales for each quarter of the fiscal year and for the year as a whole. 2. Calculate the expected cash collections for each quarter of the fiscal year and for the year as a whole. 3. Calculate the required production in units of finished goods for each quarter of the fiscal year and for the year as a whole. Calculate the estimated sales for each quarter of the fiscal year and for the year as a whole. lculate the expected cash collections for each quarter of the fiscal year and for the year as a whole. Calculate the required production in units of finished goods for each quarter of the fiscal year and for the year as a whole