38) Chu Company provided the following information related to its inventory sales and purchases for December Year 1 and the first quarter of Year 2: Dec. Year 1 Jan. Year 2 Feb. Year 2 Mar. Year 2 (Actual) Cost of goods sold $ 43,000 (Budgeted) $ 73,000 (Budgeted) $ 93,000 (Budgeted) $ 63,000 Desired ending inventory levels are 28% of the following month's projected cost of goods sold. Budgeted purchases of inventory in February Year 2 would be: A) $71,400. B) $84,600. C) $92,100. D) $112,320.