Toyland prepares budgets to help manage the company. Toyland is budgeting for the fiscal year ended January 31, 2010.During preceding year ended January 31, 2009, sales totaled $9,700 million and cost of goods sold was $6,200 million. At January 31, 2009, inventory stood at $1,800 million.During the upcoming 2010 year, suppose Toyland expects cost of goods sold to increase by 10%. The company budgets next years inventory at $2,100 million.Requirement1. One of the most important decisions a manager makes is how much inventory to buy.How much inventory should Toyland purchase during the upcoming year to reach its budgeted figures?