Tuscarora, Inc., a merchandising company, has the following budgeted figures: Sales Jan $57,300 Feb Mar April $60,000 $83,000 $98,000 Cost of goods sold 50% of sales Required ending inventory $10,000+30% of next month's sales Inventory on hand on Jan 1 $30,000 Calculate the budgeted purchases for the month of January. A. $650 B. $28,000 C. $26,650 OD. $56,650