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Campbell Company, which expects to start operations on January 1, year 2, will sell digital...

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Accounting

Campbell Company, which expects to start operations on January 1, year 2, will sell digital cameras in shopping malls. Campbell has budgeted sales as indicated in the following table. The company expects a 11 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.Campbell Company, which expects to start operations on January 1, year 2, will sell digital cameras in shopping malls. Campbell has
budgeted sales as indicated in the following table. The company expects a 11 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
a. Complete the sales budget by filling in the missing amounts.
b. Determine the amount of sales revenue Campbell will report on its first quarter pro forma income statement.
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