Toledo Tire Company, which has been in business for several years, produces and sells automobile tires, including their all-terrain RP7 tire. The 2018 sales budget for their all-terrain RP7 tire is as follows: Quarter RP7 tires 10,000 12,000 11,000 14,000 Per company policy: - management desires an ending inventory of tires each quarter equal to 20% of the next quarter's sales; - sales units of tires in the first quarter of 2019 are expected to be 25% higher than sales for the first quarter of 2018; -beginning inventory of tires on January 1, 2018 is anticipated to be 3,000 units. Calculate anticipated production for the first quarter of 2018 for the RP7 tire. 9,400 10,600 O 12,000 12,400 Question 34 (2.5 points) Calculate the anticipated beginning inventory of the RP7 model tires for the third quarter of 2018: 2,400 cannot be determined 2,200 2,800 Calculate anticipated production for the fourth quarter of 2018 for the RP7 tire. 11,200 13,700 14,300 14,000