Click Submit to complete this assessment. Question 10 of 10 Question 10 2 points Save Answer Wallace Company provides the following data for next year: Month Budgeted Sales January $100,000 February 108,000 March 132,000 April 144,000 The gross profit rate is 35% of sales. Inventory at the end of December is $21,600 and target ending inventory levels are 20% of next month's sales, stated at cost. What is the amount of purchases budgeted for January? Click Submit to complete this assessment. Question 10 of 10 Save and Submit P] 35C Partly sunny C D ENG 4:25 AM 9/7/2021 DOLL