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Marigold Corp. estimates its sales at 210000 units in the first quarter and that sales will increase by 11000 units each quarter over the

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Marigold Corp. estimates its sales at 210000 units in the first quarter and that sales will increase by 11000 units each quarter over the year. They have, and desire, a 25% 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 O $5750500. O $6225333. $3314500. O $4756000. C M Q Mw Vi 8 Mul

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