3. At January 1, 2022, Barry, Inc. has beginning inventory of 5,000 widgets. Barry estimates it will sell 40,000 units during the first quarter of 2022 with a 5% increase in sales each quarter. Barry's policy is to maintain an ending inventory equal to 10% of the next quarter's sales. Each widget costs $2 and is sold for $3. How much is budgeted sales revenue for the third quarter of 2022? a.$132,300 .b.$120,000 .c.$119,070 d.$44,100