Great Logos buys logo-imprinted merchandise and then sells it to university bookstores. Sales are expected to be $2,009,000 in September, $2,230,000 in October, $2,381,000 in November, and $2,500,000 in December. Great Logos sets its prices to earn an average 40% gross profit on sales revenue. The company does not want inventory to fall below $405,000 plus 20% of the next month's cost of goods sold. Prepare a cost of goods sold, inventory, and purchases budget for the months of October and November. ..--. Great Logos Cost of Goods Sold, Inventory, and Purchases Budget For the Months of October and November October November Cost of goods sold Plus: Desired ending inventory Total inventory required Less: Beginning inventory Purchases