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Solis Company manufactures decorative pillows. The Company provides the following data for next year Month Budgeted Sales January $126.000 February 111.000 March 134.000 April 147.000

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Solis Company manufactures decorative pillows. The Company provides the following data for next year Month Budgeted Sales January $126.000 February 111.000 March 134.000 April 147.000 The gross profitrate is 29% of sales. Inventory at the end of December is 530,600 and target ending inventory levels are 10% of next month's sales, stated at cost. What is the amount of purchases budgeted for February

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