Panther Enterprises prepared the following sales budget: Month Budgeted Sales March $6,000 April $15,000 May $10,000 June $12,000 The expected gross profit rate is 10% and the inventory at the end of February was $11,000. Desired inventory levels at the end of the month are 20% of the next month's cost of goods sold. What are the total purchases budgeted for April? $14,400 $16,200 $13,500 $12.600 D Question 2 2.5 A lamp store purchased $3,600 of lamps in September. The store had $1,400 of la on hand at the bapp.honorlock.com is sharing your screen. Stop sharing Hide mps at