Concord Corporationestimates its sales at270000units in the first quarter and that sales will increase by21000units each quarter over the year. They have, and desire, a25% ending inventory of finished goods. Each unit sells for $25.40% of the sales are for cash.70% of the credit customers pay within the quarter. The remainder is received in the quarter following sale.

Cash collections for the third quarter are budgeted at

a. $8649333.

b. $7705500.

c. $6396000.

d. $4429500.