5 Sentra Sporting Company sells tennis rackets and other sporting equipment. The purchasing department manager prepared the inventory purchases budget Sentia's policy is to maintain an ending inventory balance equal to 15% of the following month's cost of goods sold January's budgeted cost of goods sold is $105,000 October November December Budgeted cost of Goods sold 95,000 75.000 85.000 plus: Desired Ending Inventory 20,000 2 Inventory Needed 115.000 > Less Beginning triventory 16,000 > Required purchases (on Account) 90,000 What would be the requwed purchases (on account for December