Bolly Company is a retailer of fashionable women's apparel. Typically Bolly's Cost of Goods Sold equals 40% of the sales price. For the fourth quarter of 2021 Bally has budgeted the following Sales Revenue and Beginning Inventory levels: Month Sales Beginning Inventory October $50,000 $30,000 November $150,000 $50,000 December $100,000 $50,000 The budget calls for Bolly to increase its inventory at the start of November in anticipation of the holiday season and to decrease inventory to $13,000 by the end of December. What is the budgeted amount of inventory for December? Round to the nearest $1.00