Fosnight Enterprises prepared the following sales budget: Month March April May June Budgeted Sales S4,000 $15,000 14,000 $11,000 The expected gross profit rate is 30% and the inventory at the end of February was $7,000. 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? A. $11,550 O B. $1,050 OC. $10,430 D. $10.570