The marketing department of Jessi Corporation submitted the following sales forecast for next year $($all sales are on account$)$

$\backslash$table$[[,1$st Quarter,$2$nd Quarter,$3$rd Quarter,$4$th Quarter$],[$Budgeted unit sales,$12,400,13,400,15,400,14,400]]$

The selling price of the company's product is $$23$ per unit. Management expects to collect $65\%$ of sales in the quarter in which the sales are made and $30\%$ in the following quarter, $5\%$ of sales are expected to be uncollectible. The beginning balance of accounts receivable, all of which is expected to be collected in the first quarter, is $$73,000.$

The company expects to start the first quarter with $2\mathrm{.}480$ units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to $20\%$ of the next quarter's budgeted sales. The desired ending finished goods inventory for the fourth quarter is $2,680$ units.

Required:

Calculate the estimated sales for each quarter and for the year as a whole.

Calculate the expected cash collections for each quarter and for the year as a whole.

Calculate the required production in units of finished goods for each quarter and for the year as a whole.