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A book retailer plans to sell $2,500 worth of books in September. Planned reductions are $600; planned purchases are $1,000; planned inventory for September 1st

A book retailer plans to sell $2,500 worth of books in September. Planned reductions are $600; planned purchases are $1,000; planned inventory for September 1st is $24,000 and for September 31st is $25,000. The retailer has also ordered $1,000 of books to arrive mid-month, and has received $1,500 worth of books already this month. What is the open-to-buy for the rest of the month?

No money is left, you have overspent by $600

No money is left, you have overspent by $1,500

$2,600

$1,600

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