At January 1, 2019. Crane Company has beginning inventory of 1000 surfboards. Crane estimates it will sell 5000 units during the first quarter of 2019 with a 12% increase in sales each quarter. Crane'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? O $225000 O $940800 O $6272.00 O 975000