m

Sentra Sporting Company sells tennis rackets and other sporting equipment. The purchasing department manages prepared the inventory purchases budget. Sentrais policy is to maintain an ending inventory balance equal to 15 sh of the following month's cost of goods sold January's budgeted cost of goods sold is $70.000 What is the amount of cost of goods sold the comparry will report on its fourth quarter pro forma income statement? Maitiond Choice $100000 550,000 stretooo $162300