At January 1, 2020, Bonita, Inc. has beginning inventory of 3900 surfboards. Jake estimates it will sell 14000 units during the first quarter of 2020 with a 10% increase in sales each quarter. Bonita’s policy is to maintain an ending inventory equal to 25% of the next quarter’s sales. Each surfboard costs $170 and is sold for $290. How many units should Bonita produce during the first quarter of 2020?
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