At January 1, 2022, Sheffield, Inc. has beginning inventory of 4100 surfboards. Sheffield estimates it will sell 14000 units during the first quarter of 2022 with a 10% 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 $170 and is sold for $200. How much is budgeted sales revenue for the third quarter of 2022? O $3388000 O $700000 O $2800000 O $16940

At January 1, 2022, Shelfield, Inc. has beginning inventory of 4100 surfboards. Sheffeld estimates it will sell 14000 units during the first quarter of 2022 with a \10 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 \\( \\$ 170 \\) and is sold for \\( \\$ 200 \\). How much is budgeted sales revenue for the third quarter of 2022 ? \\( \\$ 3388000 \\) \\( \\$ 700000 \\) \\( \\$ 2800000 \\) \\( \\$ 16940 \\)