QUESTION 6 Homestyle Interiors sells a variety of home furnishings including sleeper sofas. At 31 March, the company had 400 sofas in inventory. The company's policy is to maintain a sleeper sofa inventory equal to 2 per cent of next month's sales. The company expects the following sales activity for the second quarter of the year: April 1000 sofas May 1400 sofas June 3000 sofas What is the projected production for May? O 1412 sofas 1432 sofas O 1388 sofas O 1468 sofas