Suppose Lowenbooks sells 1,600 hardcover books per week at an average price of $45. Assume Lowenbooks' cost for the books is 45% of the selling price it charges wholesale customers. Lowenbooks has no beginning inventory, but it wants to have a 4-week supply of ending inventory. Assume that selling and administrative expenses are $2,200 per week. Compute Lowenbooks' budgeted purchases for the next month (4 weeks ending the period). 0 $576,000 $259,200 $129,600 $354,400