Question 14 of 35 View Policies Current Attempt in Progress < $ -15.72 At January 1, 2019, Sheridan Company has beginning inventory of 1500 surfboards. Sheridan estimates it will sell 9000 units during the first quarter of 2019 with a 12% increase in sales each quarter. Sheridan's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each surfboard costs $100 and is sold for $150. How much is budgeted sales revenue for the third quarter of 2019? O $393750 O $11289.60 O 1743750 O $1693440