At January 1, 2022, Concord, Inc. has beginning inventory of 4700 widgets. Concord estimates it will sell 34000 units during the first quarter of 2022 with a 5% increase in sales each quarter. Concord's policy is to maintain an ending inventory equal to 10% of the next quarter's sales. Each widget costs $3 and is sold for $6. How much is budgeted sales revenue for the third quarter of 2022 ? $204000$202590$224910$37485