Sander Enterprises prepared the following sales budget:

Month	Budgeted Sales
March	$7,000
April	$12,000
May	$11,000
June	$18,000

The expected gross profit rate is 20% and the inventory at the end of February was $5,000. Desired inventory levels at the end of the month are30% of the next month's cost of goods sold.

What are the total purchases budgeted for May?

A.

$8,800

B.

$7,120

C.

$11,440

D.

$10,480