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The Perry Merchandise Company has budgeted $40,000 in sales for the month of December. The company's cost of goods sold is 20% of sales. If

The Perry Merchandise Company has budgeted $40,000 in sales for the month of December. The company's cost of goods sold is 20% of sales. If the company has budgeted to purchase $18,000 in merchandise during December, what is the budgeted change in inventory levels over the month of December?

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