Tuscarora, Inc., a merchandising company, has the following budgeted figures: Feb $64,000 Mar $88,000 April $92,000 Sales Cost of goods sold Jan $56,700 60% of sales $10,000 + 30% of next month's sales $27,500 Required ending inventory Inventory on hand on Jan 1 Calculate the budgeted purchases for the month of January. O A. $4,820 OB. $63,220 O C. $35,720 D. $29,200