At January 1, 2019, Bonita Industries has beginning inventory of 2500 surfboards. Bonita estimates it will sell 10000 units during the first quarter of 2019 with a 12% increase in sales each quarter. Bonita's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each surfboard costs $100 and is sold for $150. How much is budgeted sales revenue for the third quarter of 2019? $1881600$12544.001968750$468750