Wallace Company provides the following data for next year:

Month	Budgeted Sales
January	$ 124 comma 000$124,000
February	112 comma 000112,000
March	133 comma 000133,000
April	144 comma 000144,000

The gross profit rate is

3030%

of sales. Inventory at the end of December is

$ 26 comma 600$26,600

and target ending inventory levels are

3030%

of next month's sales, stated at cost.

What is the amount of purchases budgeted for February?