Sander Enterprises prepared the following sales budget: Month Budgeted Sales March $7,000 April $15,000 May $14,000 June $19.000 The expected gross profit rate is 40% and the inventory at the end of February was $6,000. Desired inventory levels at the end of the month are 10% of the next month's cost of goods sold. What is the desired beginning inventory on June 1? OA. $1,140 O B. $840 O C. $11,400 OD. $760 2