Norton Company prepared the following sales budget:

Month	Budgeted Sales
March	$200,000
April	$180,000
May	$220,000
June	$260,000

Cost of goods sold is budgeted at 60% of sales, and the inventory at the end of February was $36,000. Desired inventory levels at the end of each month are 30% of the next month's cost of goods sold. How much are the budgeted purchases for the month of March?

A.

$116,400

B.

$99,700

C.

$123,900

D.

$214,400