Question: The correct answer is $106,000, however I do not understand how to get that answer. Would somebody please explain to me how to get that

The correct answer is $106,000, however I do not understand how to get that answer. Would somebody please explain to me how to get that answer?

A store has budgeted sales of 4,900 women's sweaters in October. Management wants to have 1,200 sweaters in inventory at the end of the month to prepare for the winter season. Beginning inventory for October is expected to be 800 coats. What is the dollar amount of the sweater purchases if each sweater has a cost of $20? $98,000 $122,000 $122,000. You selected this answer. $106,000

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