Silo Company Has One Product and Sold 35,000 Units in the First

Multiple Choice

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?

A) $910,000
B) $700,000
C) $1,183,000
D) $730,000
E) None of the answer choices is correct.