Coronet Company provided the following information related to its inventory sales and purchases for December 2009 and the first quarter of 2010:

	Dec. 2009	Jan. 2010	Feb. 2010	March 2010
	(Actual)	(Budgeted)	(Budgeted)	(Budgeted)
Cost of goods sold	$34,000	$64,000	$84,000	$54,000

Desired ending inventory levels are 30% of the following month's projected cost of goods sold. Budgeted purchases of inventory in February 2010 would be:

	$75,000.
	$82,500.
	$63,000.
	$96,600.