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

	1st Quarter	2nd Quarter	3rd Quarter	4th Quarter
Budgeted unit sales	12,700	13,700	15,700	14,700

The selling price of the companys product is $26 per unit. Management expects to collect 75% of sales in the quarter in which the sales are made and 20% 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 $73,600.

The company expects to start the first quarter with 2,540 units in finished goods inventory. Management desires an ending finished goods inventory in each quarter equal to 20% of the next quarters budgeted sales. The desired ending finished goods inventory for the fourth quarter is 2,740 units.

Required:

1. Calculate the estimated sales for each quarter and for the year as a whole.
2. Calculate the expected cash collections for each quarter and for the year as a whole.
3. Calculate the required production in units of finished goods for each quarter and for the year as a whole.