Silo Company has one product and sold 35,000 units in the first quarter of 2012. The company expects to sell 30% more units in the first quarter of 2013, at a price of $20 per unit. Based on this information, what is the amount of sales revenue that will appear in the budgeted income statement for the first quarter of 2013?

Select one:

a.None of the answer choices is correct.

b.$700,000

c.$1,183,000

d.$730,000

e.$910,000