Data Table Karma Comer Shoppe is a local convenience store with the following information Click the icon to view the information) Read the moment Sales Budget For the Months of November and December November December Cash sales 60.000 5 10.700 Credit sales 278.000 358,800 Total sales 345.000 5 448.500 Requirement 2. Prepare the cost of goods sold, inventory and purchases budget for November and Doce Karma Corner Shoppe Cost of Goods Sold, Inventory, and Purchases Budget For the Months of November and December November December 278000 358800 Cost of goods sold 46500 30000 Plus Desired ending inventory 354800 322500 Total inventory required 33000 Loss Beginning entory 289500 Purchases October were $300.000 Sales are projected to go up by 15% in November (hom the October another 30% in December (rom the November and then run to the October var in January 20% of sales are made in cash, while the remaining 20% are paid by creditoret cards. The credit card companies and banks deblad is charge 2 transaction fee, and deposit the not amount as priceless the transaction for the store's bank account daly Karma Comer Shoppe's gross profits 30% of its serve For the next several months, the stone wants to maintain an ending and vventory equal to $12.000 + 10% of the most month's cost of goods at The September 30 inventory was 533,000 Expected monthly operating expenses Wages of store workers are $9,100 per month Unexpense of $800 in November and $2.400 in December Property taxes of $2.500 per month Property and attice pense of $200 per month - Depreciation expense of $4.500 per month Transaction fees, as stated above are 2 of credit and debit card Done