Swamp Fox has the following sales forecasts for its hip waders next year:

First Quarter....................10,000 pairs

Second Quarter..............5% increase over first quarter

Third Quarter...................3% decrease from second quarter

Fourth Quarter.................8% increase over first quarter

What is Swamp Fox's estimated sales in units for next year?

A. 41,485 pairs

B. 38,300 pairs

C. 40,000 pairs

D. 40,685 pairs

E. None of the other answers are correct