TFS Ltd, a Retail Company Selling Hotel Furniture, Has Just

TFS Ltd, a retail company selling hotel furniture, has just completed its master budget for the next fiscal year. Ending inventory is budgeted at 20% of cost of goods available for sale. Selected data from that process appear in the table below: TFS' budgeted cost of goods sold for the next fiscal year will be

A) $25,000
B) $35,000
C) $21,000
D) $28,000