Cascade Industries prepares budgets to help manage the company. Cascade is budgeting for the fiscal year ended January 31,2018 . During the preceding year ended January 31,2017 , sales totaled $9,300 million and cost of goods sold was $5,900 million. At January 31 , 2017 , inventory was $1,800 million. During the upcoming 2018 year, suppose Cascade expects cost of goods sold to increase by 16%. The company budgets next year's ending inventory at $2,100 million. Read the requirement. Cascade should purchase $ million worth of inventory during the upcoming year to reach its budget.

Cascade Industries prepares budgets to help manage the company. Cascade is budgeting for the fiscal year ended January 31, 2018. During the preceding year ended January 31,2017 , sales totaled $9,300 million and cost of goods sold was $5,900 million. At January 31 , 2017, inventory was $1,800 million. During the upcoming 2018 year, suppose Cascade expects cost of goods sold to increase by 16%. The company budgets next year's ending inventory at $2,100 million. Read the requirement. Cascade should purchase $ million worth of inventory during the upcoming year to reach its budget