Jeremy Inc. produces leather handbags. The production budget for the next four months is: July 5,200 units, August 7,600, September 8,000, October 8,500. Each handbag requires 0.7 square meters of leather. Jeremy Inc.'s leather inventory policy is 40% of next month's production needs. If the leather policy is met, what will the July 1 inventory be? Multiple Choice 1,456.0 square meters 2,128.0 square meters 2,531.0 square meters 1,006.0 square meters