Hi! Can someone help me/explain how to do this problem? I am not sure if the numbers I solved for are correct and how to move forward. Thank you in advanced!

Great Logos buys logo-imprinted merchandise and then sells it to university bookstores. Sales are expected to be $2,002,000 in September, $2,180,000 in October, $2,378,000 in November, and $2,560,000 in December. Great Logos sets its prices to earn an average 40% gross profit on sales revenue. The company does not want inventory to fall below $445,000 plus 10% of the next month's cost of goods sold. Prepare a cost of goods sold, inventory, and purchases budget for the months of October and November. Great Logos Cost of Goods Sold, Inventory, and Purchases Budget For the Months of October and November October November 1308000 1426800 Cost of goods sold Plus: Desired ending inventory Total inventory required 587680 598600 1895680 2025400 Less: Beginning inventory Purchases