In the coming year, Sheffield, Inc. will be introducing its first product, a wrist brace that protects serious video gamers from repetitive- motion injuries. The brace will be sold for $13.00 to retailers throughout the country. All sales will be made on account. An expected 65% of sales will be collected within the quarter of the sale, and another 30% in the quarter following the sale. The remaining 5% of credit sales are expected to be uncollectible. The sales budget for the coming year is as follows: 1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Budgeted sales units 21,000 46,000 53,000 79,000 Prepare Sheffield, Inc.'s cash receipts budget for the coming year. (Enter answers in necessary fields only. Leave other fields blank. Do not enter O. Round "Budgeted sale price" and "Cash Receipts Budgets" answers to 2 decimal places, e.g. 52.75 and all other answers to 0 decimal places, e.g. 5,275.) 1st Quarter Budgeted units sold 21000 Budgeted sales price $ 13 Budgeted sales revenue $ 273000 2nd Quarter A +A $ Sales Budget 3rd Quarter 46000 13 598000 +A $ 53000 13 EA $ 689000 4t +A +A $ 1st quarter sales 2nd quarter sales 3rd quarter sales 4th quarter sales Totals $ 1st Quarter 2nd Quarter Cash Receipts Budget $ $ Determine the Net Accounts Receivable at the end of the year. Net Accounts Receivable $ 3rd Quarter $ A 4th Q $ [ [ | Quarter Cash Receipts Budget 3rd Quarter $ $ Determine the Net Accounts Receivable at the end of the year. Net Accounts Receivable $ 4th Quarter Bad Debts $ $ $