Cake is a product of the chester company which is primarily sold in the americas budget segment. chester starts to create their sales forecast by assuming all policies (r& d, marketing, and production) for all competitors are equal this year over last. for this question assume that all 1,207,141 units of cake in the americas region are sold in the americas budget segment. if the competitive environment remains unchanged what will be the cake's demand next year? growth % for budget america is 5%.

1,267,498

1,840,890

2,534,997

1,207,141

Depreciation on the company's equipment for 2017 is computed to be $18,000.the prepaid insurance account had a $6,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of the company's insurance policies showed that $1,100 of unexpired insurance coverage remains. the office supplies account had a $700 debit balance on december 31, 2016; and $3,480 of office supplies were purchased during the year. the december 31, 2017, physical count showed $300 of supplies available. two-thirds of the work related to $15,000 of cash received in advance was performed this period. the prepaid insurance account had a $6,800 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $5,800 of coverage had expired. wage expenses of $3,200 have been incurred but are not paid as of december 31, 2017.