A sporting equipment store expects to purchase $8,300 of ski boots in October. The store had $2,700 of ski boots in merchandise inventory at the beginning of October, and expects to have $1,700 of ski boots in merchandise inventory at the end of October to cover part of anticipated November sales. What is the budgeted cost of goods sold for October?

$4,400.

$11,000.

$10,000.

$9,300.

$8,300.