Metro, Incorporated sells backpacks. The Company's accountant is preparing the purchases budget for the first quarter operations. Metro maintains ending inventory at $20\%$ of the following month's expected cost of goods sold. Expected cost of goods sold for April is $$70,000.$

$\backslash$table$[[$Sales$,$January,February,March$],[$Budgeted cost of goods sold,$$40,000,$$$50,000,$$$60,000$