Sander Enterprises prepared the following sales budget: Month March April May June Budgeted Sales $7,000 $12,000 $13,000 $20,000 The expected gross profit rate is 30% and the inventory at the end of February was $5,000. Desired inventory levels at the end of the month are 20% of the next month's cost of goods sold What is the desired beginning inventory on June 1? ( A. $2,800 OB. $1,820 OC. $14,000 OD. $1,200