Fosnight Enterprises prepared the following sales budget: Month March April May June Budgeted Sales $4,000 $15,000 $10,000 $14,000 The expected gross profit rate is 30% and the inventory at the end of February was $12,000, Desired inventory levels at the end of the month are 10% of the next month's cost of goods sold. What are the total purchases budgeted for April? O A. $1,050 OB, $10,850 C. $11,550 D. $10,150