At january 2006, Jake, Inc. has beginning incentory of 3,000 surfboards. jakes estimates it will sell 14,000 units durind the first quarter of 2006 with a 10% increase in sale each quarter. jakes policy is to maintain an ending inventory equal to 20% of the next quarter sales. Each surfboard costs $140 and sol for $200. how many units should jake produce during the first quarter of 2007?
a. $14,080
b. $14,000
c. 16,800
d. 14,200