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Bear, Inc. estimates its sales at 200,000 units in the first quarter and that sales will increase by 20,000 units for each subsequent quarter during the year. The company has, and desires, an ending finished goods inventory equal to 25% of the next quarter's sales. Each unit sells for \$35. Forty percent of sales are for cash. Seventy percent of credit customers pay within the quarter. The remainder is collected in the quarter following sale. Cash collections for the third quarter are budgeted at A) $4,746,000 B) $6,888,000 C) $8,274,000 D) $9,576,000 E) none of the above