Jackson Inc. produces leather handbags. The production budget for the next four months is: July 5,400 units, August 7,000 units, September 8,400 units. October 8,100 units. Each handbag requires 0.4-square meters of leather. Jackson Inc's leather inventory policy is 25% of next month's production needs. On July 1 leather inventory was expected to be 1,600 square meters. What will leather purchases be in August? Multiple Choice 2.790 square meters 7,350 square meters 7,275 square meters 2,940 square meters