At January 1, 2019, Sheffield Corp. has beginning inventory of 4000 surfboards. Sheffield estimates it will sell 15000 units during the first quarter of 2019 with a 12% increase in sales each quarter. Sheffield'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 $712500 O $2822400 2962500 O $18816.00