Wallace Company provides the following data for next year. Month Budgeted Sales January $123,000 February 176,000 March 141,000 April 145.000 The gross profit rate is 30% of sales. Inventory at the end of December is 331.600and target ending inventory levels are 20% of rent month's sales stared at com What is the amount of purchases budgeted for February? 581.200 $105,840 $33,840 584.700