Jackson Inc. produces leather handbags. The production budget for the next four months is: July 5,300 units, August 7,300 units, September 2700 units, October 8,700 units. Each handbag requires 0.3 square meters of leather Jackson Ine's leather inventory policy is 35% of next month's production needs. On July 1 leather inventory was expected to be 1,000 square meters. What will leather purchases be in August? Multiple Choice 7.440 square meters 7,365 square meters 2.232 square meters 2.082 square meters