Testbank Question 76 TFS Corporation, a retail company selling hotel furniture, has just completed its master budget for the next fiscal year. Ending inventory is budgeted at 20% of cost of goods available for sale. Selected data from that process appear in the table below: $10,000 Beginning inventory Budgeted purchases 25,000 Expected revenue 150,000 Inflows of cash 120,000 Support departments costs 30,000 Total cash outflows 80,000 TFS' budgeted profit before taxes for the next fiscal year will be: $106,000 $40,000 $66,000 $92,000