The Fred Fisher Corporation has a sales budget for next month of $200,000. Cost of goods sold is expected to be $125,000. All goods are paid for in the month following their purchase. The beginning inventory of merchandise is $8,000, and an ending inventory of $6,000 is desired. Beginning accounts payable is $26,000. How much merchandise inventory will The Fred Fisher Corporation need to purchase next month?

Select one:

a. $123,000

b. $149,000

c. $131,000

d. $127,000