solve all requirements

Slattery, Inc. sells tire rims. Its sales budget for the nine months ended September 30, 2024, end additional information follow: (Click the icon to view the budget.) O (Click the icon to view additional information) Prepare an inventory, purchases, end cost of goods sold budget for each of the first three quarters of the year. Compute cost of goods sold for the entire nine-month period. Slattery, Inc. Inventory, Purchases, and Cost of Goods Sold Budget Nine Months Ended September 30, 2024 Quarter Ended March 31 More info In the past, cost of goods sold has been 40% of total sale. The director of marketing and the financial vice president agree that each quarters ending inventory should not be below SS, 000 plus 10% ot cost of goods sold for the following quarter The marketing director expects sales of $200,000 during the fourth quarter. The January 1 inventory was $16,000. Beginning inventory Cost of goods sold Desired beginning inventory Purchases Total inventory required Data table Cash sales, 40% Credit sales, 60% Total sales March 31 Quarter Ended June 30 September 30 40,000 s 60,000 100,000 print 60,000 s 90,000 150,000 s Done 50,000 75,000 125,000 Nine-Month Total 150,000 225,000 375,000 print Done