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On January 1, 2017, Jackson Corp has beginning inventory of 200 surfboards. Jackson estimates it will sell 500 units during the first quarter of 2017

On January 1, 2017, Jackson Corp has beginning inventory of 200 surfboards. Jackson estimates it will sell 500 units during the first quarter of 2017 with a 10.00% increase in unit sales each quarter. Each surfboard is sold for $220.00. How much is budgeted sales revenue for the third quarter of 2017?

$133,100

$44,000

$53,240

$110,000

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