Fosnight Enterprises prepared the following sales budget: Month March April May June Budgeted Sales $4,000 $13,000 $14,000 $17,000 The expected gross profit rate is 10% and the inventory at the end of February was $14,000, Desired inventory levels at the end of the month are 20% of the next month's cost of goods sold. What is the desired beginning inventory on June 1? OA. $2,520 B. $3,060 C. $15,300 OD, $340