11. At January 1, Year 2, Ceatric, Inc. has beginning inventory of 2.000 surfboards. Ceatric estimates it will sell 5,000 units-during the tirat quarter of Year 2 with a 12t increase in sales each quarter_c Ceatric's policy is to maintain an ending inventory equal to 25t of the next quarter'B sales. Each surfboard costs $100 and is so $150. How much is budgeted sales revenue for the third quarter of Year 2? $225,000 $975,000 $940,800 $6,272