Teleco Corp. is preparing its budget for the first quarter of 2018. The following data is provided: 12 April's cost of goods sold is $32,000. The amount of Merchandise Inventory to be shown on the budgeted balance sheet at March 31 would be Enlarged ew $10,625 $1 1 ,750 $34,000 $13,000 Teleco Corp. is preparing its budget for the first quarter of 2018. The following data is provided: 12 April's cost of goods sold is $32,000. The amount of Merchandise Inventory to be shown on the budgeted balance sheet at March 31 would be Enlarged ew $10,625 $1 1 ,750 $34,000 $13,000