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Foremost Corporation manufactures boxes. The estimated numbers of boxes sold for the first three months of the current year are as follows: Month January February

Foremost Corporation manufactures boxes. The estimated numbers of boxes sold for the first three months of the current year are as follows:
Month
January
February
March
Sales
3,000
4,200
3,900
Finished goods inventory at the end of December was 900 units. Ending finished goods inventory is equal to 20% of the next month's sales. Foremost Corporation expects to sell the boxes for $5 each. April sales is projected at 4,500 boxes.
What is the expected sales revenue for March?
a. $15,000
b. $19,500
c. $4,500
d. $21,000
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