Sweeney Electronics sells tablets. Its sales budget for the nine months ended September 30 follows: (Click the icon to view the budget.) (Click the icon to view additional information) Data Table Prepare a cost of goods sold , inventory, and purchases budget for each of the first three quarters of the your. Compute cost of goods sold for the entire nine-month period. (Round amounts to the nearest whole dollar) obla tre Sweeney Electronics Cost of Goods Sold, Inventory, and Purchases Budget For the Nine Months Ended September 30 Quarter Ended obl Far Mar 31 Jun 30 Sep 30 Nine-Month Total oble -hid Cost of goods sold Plus: Desired ending Inventory Total Inventory required Less: Beginning inventory Purchases Enter any number in the edit fields and then click Check Answer All parts showing Clear All Check Answer Sweeney Electronics Sales Budget For the Nine Months Ended September 30 Quarter Ended Mar 31 Cash sales, 40%......$ 44.000 $ 66,000 Jun 30 64,000 $ 96,000 Nine-Month Sep 30 Total 54,000 $ 162,000 81,000 243,000 Credits sales, 60% $ Total sales, 100% 110,000 $ 160,000 $ 135,000 $ 405,000 Print Done In the past, cost of goods sold has been 60% of total sales. The director of marketing and the financial vice president agree that each quarter's ending inventory should not be below $25,000 plus 10% of cost of goods sold for the following quarter. The marketing director expects sales of $210,000 during the fourth quarter. The January 1 inventory was $31,600. Print Done