• $83,000

• $80,000

• $71,000

• $94,700

Sentra Sporting Company sells tennis rackets and other sporting equipment. The purchasing department manager prepared the inventory purchases budget. Sentra'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 $100,000. October November December 90,000 70,000 80,000 18,000 ? ? Budgeted Cost of Goods Sold Plus: Desired Ending Inventory Inventory Needed Less: Beginning Inventory Required purchases (on Account) ? ? 108,000 15,000 93,000 ? ? ? ? What would be the required purchases (on account) for December