Australian Fireplaces Expects to Sell 1200 Gas Fireplaces in 2019

Multiple Choice

Australian Fireplaces expects to sell 1200 gas fireplaces in 2019 at an average price of $2400 each.It believes that unit sales will grow between −5% and +5% per year and prices will rise or fall by as much as 5% per year.Forecast sales revenue for 2021if both price and the number of units sold increase by 5% per year.

A) $3,492,720
B) $3,500,658
C) $3,333,960
D) $3,175,200