Help Sav Mrty's Merchandise has budgeted sales as follows for the second quarter of the year April $30,000 May $60,000 June $50,000 Cost of goods sold is equal to 70% of sales. The sold for the following month. The inventory on March 31 was below this target and was only $22000. The co Merchandise Purchases Budget for April, May. and June. company wants to maintain a monthly ending inventory equal to 120% of the cost of goods The desired beginning inventory for June is: $50,000