Waterways Corporation is preparing its budget for the coming year, 2022. The first step is to plan for the first quarter of that coming year. The company has gathered information from its managers in preparation of the budgeting process. Sales Unit sales for November 2021 112,000 Unit sales for December 2021 102,000 Expected unit sales for January 2022 114,000 Expected unit sales for February 2022 112,000 Expected unit sales for March 2022 117,000 Expected unit sales for April 2022 124,000 Expected unit sales for May 2022 139.000 Unit selling price $12 Waterways likes to keep 100% of the next month's unit sales in ending inventory. All sales are on account. 85% of the Accounts Receivable are collected in the month of sale, and 15% of the Accounts Receivable are collected in the month after sale. Accounts receivable on December 31, 2021, totaled $183,600. Direct Materials