38. Estimated sales for Ackerman Company in the first quarter are shown below by month. Jan. Feb. March Sales $50,000 $60,000 $80,000 Ackerman has a policy of having 50% of the following month's estimated sales on hand in merchandise inventory at the end of each month. On December 31, the actual merchandise inventory will be $20,000. The cost of goods sold is 80% of sales. What is the cost of the merchandise Zippy should purchase during January? a. $44,000 b. $50,000 c. $54,000 d. $60,000 e. $74,000