Jared Inc. produces leather handbags. The sales budget for the next four months is: July 5,500 units, August 7,700, September 7,700, October 8,100. Each handbag requires 0.5 square meters of leather. Jared Inc.s finished goods inventory policy is 10% of next months sales needs. Jared Inc.s leather inventory policy is 30% of next months production needs. What will leather purchases be in August? (Do not round intermediate calculations. Round your final answer to the nearest whole number.)

3,856 square meters

3,764 square meters

3,681 square meters

3,706 square meters