Sentra Sporting Company sells tennis rackets and other sporting equipment. The purchasing department manager prepared the inventory purchases budget. Sentra's policy is to maintain an ending inventory balance equal to 15% of the following month's cost goods sold. January's budgeted cost of goods sold is $105,000 What would be the required purchases (on account) for December? Sentra Sporting Company sells tennis rackets and other sporting equipment. The purchasing department manager prepared the inventory purchases budget Sentra's policy is to maintain an ending inventory balance equal to 15% of the following month's cost of goods sold. January's budgrient cost of poods sold is $165,000 What is the amount of cost of goods sold the company will report on its fourth quarter pro forma income statement