Freighters Inc. has the following budgeted figures:

	Jan	Feb	Mar	April
Sales	$50,000	$65,000	$80,000	$95,000
Cost of goods sold	60% of sales	60% of sales	60% of sales	60% of sales
Required ending inventory	$15,000+25% of sales of next month	$15,000+25% of sales of next month	$15,000+25% of sales of next month	$15,000+25% of sales of next month
Inventory on hand on Jan 1st	$27,500

Calculate the ending merchandise inventory for the month of March.

A) $38,750

B) $52,000

C) $33,750

D) $39,000

(I NEED IT WITH STEPS)