6. Wallace Corporation has a sales budget for next month of $400,000. Cost of goods sold is expected to be $200,000. All goods are paid for in the month following their purchase. The beginning inventory of merchandise is $16,000, and an ending inventory of $12,000 is desired. Beginning accounts payable is $52,000. How much merchandise inventory will Wallace need to purchase next month? A) $200,000 B) $196,000 C) $204,000 D) $400.000