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Thornton Company, which expects to start operations on January 1, 2018, will sell digital cameras in shopping malis. Thornton has budgeted sales as indicated in

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Thornton Company, which expects to start operations on January 1, 2018, will sell digital cameras in shopping malis. Thornton has budgeted sales as indicated in the following table. The company expects a 12 percent increase in sales per month for February and March. The ratio of cash sales to sales on account will remain stable from January through March. Required o. Complete the sales budget by filling in the missing amounts, b. Determine the amount of sales revenue Thornton will report on its first quarter pro forma income statement. Complete this question by entering your answers in the tabs below. Complete the sales bodget by filling in the missing amounts, (Round intermediate calculations and final answers to 2 decimal places.)

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