J. (4190) A sales budget has been prepared for... LO 14-3 bok ences A sales budget has been prepared for April, Management wants the amount of ending inventory each month to be equal to 20% of that month's cost of goods sold. Cost of goods sold for Aprilis projected at $66,500. Ending inventory at the end of March is expected to be $13,300. Based on this information, what would the amount of purchases be for April? Multiple Choice $68,500 302 PM 6/30/2020 R