need help with "C"

Spencer Company sells lamps and other lighting fixtures. The purchasing department manager prepared the following inventory purchases budget. Spencer's policy is to maintain an ending inventory balance equal to 20 percent of the following month's cost of goods sold. April's budgeted cost of goods sold is $80,000. Required a. Complete the inventory purchases budget by filling in the missing amounts. Inventory Purchases Budget January February $ $ Budgeted cost of goods sold 56,000 60.000 Plus: Desired ending inventory 12,000 13,200 Inventory needed 68,000 73,200 Less: Beginning inventory 11,200 12,000 $ $ Required purchases (on account) 56,800 61,200 March $ 66,000 16,000 82,000 13,200 $ 68,800 b. Determine the amount of cost of goods sold the company will report on its first quarter pro forma income statement. Cost of goods sold $182,000 c. Determine the amount of ending inventory the company will report on its pro forma balance sheet at the end of the first quarter. Ending inventory earch o 3 DII ux Prtson F2 F3 F4 F5 F6