The marketing department of Kyle Corporation has submitted the following sales forecast for the upcoming fiscal year:

$1$st

ed

$4$th Quarter $12,600$

$3$rd

Quarter

$13,600$

$11,600$

$9,600$

$2$nd

Quarter

Quarter

Budgeted sales $($units$)$

The selling price of the company's product is $$36$ per unit. Management expects to collect $55\%$ of sales in the quarter in which the sales are made and $40\%$ in the following quarter, $5\%$ of sales are expected to be uncollectible. The beginning balance of accounts receivable, all of which are expected to be collected in the first quarter, is $$96,500.$

The company expects to start the first quarter with $2,800$ 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 $3,050$ units.

Required: