Part A (10 marks) Data Input The sales budget for the nine months ended September 30 are as follows: Nine month Mar-31 Jun-30 Sep-30 Total Cash sales 40,000 76,500 69,700 186,200 Credit sales 76,550 65,450 78,960 220,960 Total sales 116,550 141,950 148,660 407,160 In the past, the cost of goods sold has always been 60% of the total sales. The director of marketing, the production manager and the vice-president afree that edning inventory should not go below $ 15,000 plus 15% of cost of goods sold for the following quarter. Expected sales are $ 150,650 during the fourth quarter. . Requird: Prepare a budget showing purchases, cost of goods sold and inventory for the nine months ened 30 September.