Please answer all four parts and show work. Please and thank you!

Problem 14-17A (Algo) Preparing a sales budget and schedule of cash receipts LO 14-2 Finch Pointers Corporation expects to begin operations on January 1. Year 1; it will operate as a specialty sales company that seils laser pointers over the Internet. Finch expects sales in January Year 1 to total $340,000 and to increase 10 percent per month in February and March. All sales are on account. Finch expects to collect 70 percent of accounts recetvable in the month of sale, 24 percent in the month following the sale, and 6 percent in the second month following the sale Required -. Prepare a sales budget for the first quarter of Year 1. b. Determine the amount of sales reveniue Finch will report on the Year 1 first quarterly pro forma income statement. c. Prepare a cash recelpts schedule for the first quarter of Year 1 . d. Determine the amount of accounts recelvable as of March 31, Year 1. Complete this question by entering your answers in the tabs below. Prepare a sales budget for the first quarter of year 1 . Complete this question by entering your answers in the tabs below. Determine the amount of sales revenue Finch will report on the year 1 first quarterly pro forma income statement. Complete this question by entering your answers in the tabs below. Prepare a cash receipts schedule for the first quarter of year 1. (Do not round intermiediate calculations. Round your final. answers to the nearest whole dollari) Complete this question by entering your answers in the tabs below. Determine the amount of accounts receivable as of March 31, year 1 . (Do not round interthediate calculations. Round,your final answers to the nearest whole dollar.)