Sander Enterprises prepared the following sales budget: Month March April Budgeted Sales $3,000 $10,000 $13,000 $17.000 May June The expected gross profit rate is 30% and the inventory at the end of February was $9.000. Desired inventory levels at the end of the month are 30% of the next month's cost of goods sold. What are the total purchases budgeted for May? OA. $11,830 OB. $8,260 OC. $9,100 OD. $9,940