A department store has budgeted sales of 13,500 men's coats in September. Management wants to have 7,500 coats in inventory at the end of the month to prepare for the winter season. Beginning inventory for September is expected to be 5,500 coats. What is the dollar amount of the coat purchases if each coat has a cost of $70? Multiple Choice $805,000. $945,000. $1,330,000 $1,085,000. $1,470,000