Coronet Company provided the following information related to its inventory sales and purchases for December 2013 and the first quarter of 2014:

	Dec. 2013	Jan. 2014	Feb. 2014	Mar. 2014
	(Actual)	(Budgeted)	(Budgeted)	(Budgeted)
Cost of goods sold	$40,000	$70,000	$90,000	$60,000

Desired ending inventory levels are 25% of the following month's projected cost of goods sold. Budgeted purchases of inventory in February 2014 would be: