Lacys Department Store has a cost of goods sold of $110 for each of its mens suits. In March, management expects to sell 600 suits. Management wants to have 100 mens suits in inventory at the end of March to prepare for the summer season. The inventory for mens suits at the end of February is expected to be 60 suits. What dollar amount of mens suits should be purchased in March?

A. Lacys Department Store should purchase $59,400 worth of suits in March.

B. Lacys Department Store should purchase $66,000 worth of suits in March.

C. Lacys Department Store should purchase $70,400 worth of suits in March.

D. Lacys Department Store should purchase $77,000 worth of suits in March.

E. Lacys Department Store should purchase $61,600 worth of suits in March.