Jeremy Inc. produces leather handbags. The production budget for the next four months is: July 5,000 units, August 7,000, September 7,500, October 8,000. Each handbag requires 0.5 square meters of leather. Jeremy Inc.'s leather inventory policy is 30% of next month's production needs. If the leather policy is met. what will the July 1 inventory be? 1,050,0 square meters 1,825,0 square meters 750,0 square meters 300,0 square meters