Caplico company has prepared the following sales budget: Cost of goods sold is budgeted at 60% of sales, and the inventory at the end of february was $35000. desired inventory levels at the end of each month are 20% of the next month's cost of goods sold. what is the desired beginning inventory on June 1? March budgeted sales $400000 April budgeted sales $182000 May budgeted sales $220000 June budgeted sales $232000