accounting

Koufax 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) (Budgeted) (Budgeted) (Budgeted) Cost of goods sold $43,000 $73,000 $93,000 $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: $84.600 O $71,400 O $112,320 $92,100