A Sporting Goods Store Purchased $7,000 of Ski Boots in October

Multiple Choice

A sporting goods store purchased $7,000 of ski boots in October. The store had $3,000 of ski boots in inventory at the beginning of October, and expects to have $2,000 of ski boots in inventory at the end of October to cover part of anticipated November sales. What is the budgeted cost of goods sold for October?

A) $5,000.
B) $7,000.
C) $8,000.
D) $9,000.
E) $10,000.