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On January 1, 2016, Pearson Corp has beginning inventory of 80 surfboards. Pearson estimates it will sell 400 units during the first quarter of 2016

On January 1, 2016, Pearson Corp has beginning inventory of 80 surfboards. Pearson estimates it will sell 400 units during the first quarter of 2016 with a 5.00% increase in unit sales each quarter. Each surfboard is sold for $200.00. How much is budgeted sales revenue for the third quarter of 2016?

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