Happy Company produces hula hoops. Happy Company has the following sales projections for the upcoming year First quarter budgeted hula hoop sales in units 22,400 Second quarter budgeted hula hoop sales in units 25,000 Third quarter budgeted hula hoop sales in units 23.000 Fourth quarter budgeted hula hoop sales in units 30,000 Happy Company wants to have 20% of the next quarter's sales in units on hand at the end of each quarter Inventory at the beginning of the year was 3,900 hula hoops. How many hula hoops should Happy Company produce during the first quarter? O A. 18,500 OB. 31,300 OC. 23,500 OD. 22,400