no Saved Assume a merchandising company provides the following information from its master budget for the month of 7. Doints Cost of goods sold Cash paid for merchandise purchases Selling and administrative expenses Cash paid for selling and administrative expenses Retained earnings, May 1 Retained earnings, May 31 $79,900 $75,000 $34,900 $26,000 $20,000 $27,000 80130.03 If the company does not pay any interest or dividends, what is its budgeted sales for May? Ignore taxes. Multiple Choice O $101100 $117000