View Policies Current Attempt in Progress Coronado Industries estimates its sales at 240000 units in the first quarter and that sales will increase by 18000 units for each subsequent quarter during the year. The company has, and desires, an ending finished goods inventory to 25% of the next quarter's sales. Each unit sells for $30. 40% of the sales are for cash. 70% of the credit customers pay within the quarter. The remainder is collected in the quarter following the sale. Cash collections for the third quarter are budgeted at 58182800 $4705200 59149400 $6789600