At January 1, 2022, Coronado Industries has beginning inventory of 2000 surfboards. Coronado estimates it will sell 12000 units during the first quarter of 2022 with a 13% increase in sales each for the following quarters. Coronado's policy is to maintain an ending finished goods inventory equal to 25% of the next quarter's sales. Each surfboard costs $110 and is sold for $170. What is the budgeted sales revenue for the third quarter of 2022? $2635000 $2604876 $595000 O $15323

At January 1,2022, Coronado Industries has beginning inventory of 2000 surfboards. Coronado estimates it will sell 12000 units during the first quarter of 2022 with a 13% increase in sales each for the following quarters. Coronado's policy is to maintain an ending finished goods inventory equal to 25% of the next quarter's sales. Eact surfboard costs $110 and is sold for $170. What is the budgeted sales revenue for the third quarter of 2022 ? $2635000$2604876$595000$15323