In September 2016, the budget committee of George Company assembles the following data: (1). Expected Sales October $1,900,000 November 1,500,000 December 1,800,000 (2). Cost of goods sold is expected to be 50% of sales. (3). Desired ending merchandise inventory is 20% of the next month's cost of goods sold. (4). The beginning inventory at October 1 will be the desired amount. How much inventory will George Company purchase for October 2016? a. $910,000 b. $190,000 C. $990,000 d. $150,000