Fosnight Enterprises prepared the following sales budget: Month March April Budgeted Sales $5,000 $13,000 $11,000 $15,000 May June The expected gross profit rate is 30% and the inventory at the end of February was $13,000. Desired inventory levels at the end of the month are 20% of the next month's cost of goods sold. What is the desired ending inventory on May 31? O A. $10,500 OB. $1,540 OC. $2,100 OD. $900