Wildhorse Company, a wholesaler, budgeted the following sales for the indicated months: June July August Sales on account $2520000 $2580000 $2670000 Cash sales 252000 282000372000 Total sales $2772000 $2862000 $3042000 All merchandise is marked up to sell at its invoice cost plus 20%. Merchandise inventories at the beginning of each month are at 30% of that month's projected cost of goods sold. The cost of goods sold for the month of June is anticipated to be $2132308. $1940400. $2217600. $2310000