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Question 8 12.5 pts Tech Accessories sells phone cases for $50 each. It expects sales of 1,000 units in quarter 1 and a 5% increase

Question 8 12.5 pts Tech Accessories sells phone cases for $50 each. It expects sales of 1,000 units in quarter 1 and a 5% increase each subsequent quarter for the next 4 quarters. What is the amount of sales revenue Tech Accessories expects to make in Quarter 3? Round your units to O decimal place when calculating sales revenue. (Hint: Prepare a sales budget by quarter for Quarter 3.) O $50,000 $52,500 It cannot be determined. O $55,150 $55,000

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