please answer both questions!! thanks!

Current Attempt in Progress At January 1, 2022. Sheffield Corp. has beginning inventory of 1000 surfboards. Shefheld estimates it will sell 11000 units during the first quarter of 2022 with a 12% increase in sales each for the following quarters. Sheffield policy is to maintain an ending finished goods inventory equal to 25% of the next quarter's sales. Each surfboard costs $100 and is sold for $160. What is the budgeted sales revenue for the third quarter of 20227 O $2240000 $2207744 o $13798 $480000