Jackson Incorporated produces leather handbags. The production budget for the next four months is: July $5,300$ units, August $7,300$ units, September $7,500$ units, October $8,800$ units. Each handbag requires $0\mathrm{.}7$ square meters of leather. Jackson Incorporated$$s ending leather inventory policy is $35\%$ of next month$$s production needs. On July $1$ leather inventory was expected to be $1,500$ square meters. What will leather purchases be in August?

Multiple Choice

$7,370$ square meters

$5,159$ square meters

$7,295$ square meters

$5,009$ square meters