Suppose Merrimack sells 1,400 hardcover books per day at an average price of $80. Assume that Merrimack's cost for the books is 80% of the selling price it charges retail customers. Merrimack has no beginning inventory, but it wants to have a three-day supply of ending inventory. Assume that selling and administrative expenses are $4.200 per day. Determine Merrimack's budgeted purchases for the next (seven-day) week. A. $1,120,000 B. $896,000 C. $358,400 D. $627,200