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Concord Corporation estimates its sales at $200000$ units in the first quarter and that sales will increase by $30000$ units for each subsequent quarter during the year. The company has, and desires, an ending finished goods inventory to $25\%$ of the next quarter's sales. Each unit sells for $$50\mathrm{.}40\%$ of the sales are for cash. $70\%$ of the credit customers pay within the quarter. The remainder is collected in the quarter following the sale:

Cash collections for the third quarter are budgeted at

$$7270000.$

$$15730000.$

$$10660000.$

$$12730000.$

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