At January 1, Buck Corp. has beginning inventory of 1,500 surfboards. Buck estimates it will sell 8,000 units during the first quarter with a 18% increase in sales each quarter. Buck's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each surfboard costs $105 and is sold for $195. How much is budgeted sales revenue for the third quarter? O $10,951 O $1,560,000 O $2,172,144 O $2,135,484