Question 40 3 pts Larry's Department Store expects to generate the following Sales for the next three months: July $490,000 August $540,000 September $580,000 Expected Sales Larry's Department Store's cost of goods sold is 60% of sales dollars. At the end of each month, Larry's wants a merchandise inventory balance equal to 25% of the following month's expected cost of goods sold. What dollar amount of merchandise inventory should Larry's Department Store plan to purchase in August? $492,000 $452,000 $330,000 $314,000