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Coomb's Fashions forecasts sales of $136,000 for the quarter ended December 31. Its gross profitrate is 10% of sales, and its September 30 inventory is

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Coomb's Fashions forecasts sales of $136,000 for the quarter ended December 31. Its gross profitrate is 10% of sales, and its September 30 inventory is $38,000. If the December 31 inventory is targeted at $47.000, budgeted purchases for the fourth quarter should be 4s2 Multiple Choice O S3,500 O 146,000 O

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