Slate Electronics selis tablets. Its sales budget for the nine months ended September 30 follows: (Crick the icon to vew the budgot) (i) (Click the icon to view additional intormation) Requirement Prepare a cost of goods sold, inventory, and purchases budget for each of the first three quarlers of the year. Compute cost of goeds sold for the entire nine-month period. (Rourd amounts to the nearest whole dotar.) Data table More info In the past, cost of goods sold has been 60% ot total sales. The director of marketing and the financial vice president agree that each quarter's ending imventory should not be below $5,000 plus 10% of cost of goods sold for the following quartec. The maketing drectior expects sales of $210,000 during the fourth quater. The danuary 1 invertory was $11,200