Panther Enterprises prepared the following sales budget: Month March Budgeted Sales $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? O $16,200 $13,500 $12.600 $14,400