7 Freighters, Inc. has the following budgeted figures: Calculate the budgeted purchases for the month of January. Sales Cost of goods sold Jan $56.200 Required ending inventory Inventory on hand on Jan 1 Minimized View $23,600 50% of sales $10.000-20% of next month's sales 527 000 $51,700 $24,700 $4,500 Feb Mar April $68,000 $82,000 $91,000