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A sporting goods store purchased $7,600 of ski boots in October. The store had $3,600 of ski boots in inventory at the beginning of October,

A sporting goods store purchased $7,600 of ski boots in October. The store had $3,600 of ski boots in inventory at the beginning of October, and expects to have $2,600 of ski boots in inventory at the end of October to cover part of anticipated November sales. What is the budgeted cost of goods sold for October?

$7,600.
$8,600.
$11,200.
$10,200.
$6,200.

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