At January 1, 2014, Zella Company has beginning inventory of 2,000 DVD players. Zella estimates it will sell 10,000 units during the first quarter of 2014 with a 12% increase in sales each quarter. Zella's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each DVD player costs $100 and is sold for $140. How much is budgeted sales revenue for the third quarter of 2014?

a. $420,000

b. $1,820,000

c. $12,544

d. $1,756,160