Exercise 2 Brad runs a small bookstore in Boston’s airport called Brad’s Books. He has two partners but they do not over

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Exercise 2Brad runs a small bookstore in Boston’s airport called Brad’sBooks. He hastwo partners but they do not oversee the day-to-day operations,they aremerely investors. Brad does most of the work and has been inbusiness fortwo months.Brad prides himself on always making sure his store carries thelatesthardcover releases, because traditionally sales of them have beenreportedas very good. However, the book industry has been going through ahardtime recently with an increase in customers switching to digitalreaders,meaning less demand. As such, his inventory costs have beensteadilyincreasing.Here is what it’s been costing Brad to build up hisinventory:Month Amount Price PaidNov 7 100 books $18.00 perNov 21 100 books $18.00 perNov 28 125 books $18.25 perDec 4 150 books $18.50 perDec 7 150 books $19.25 per