What dollar amount of merchandise inventory will be purchased in March?

Exhibit 9-2 Bowline Inc- is a distributor which sells one product for S60 per unit- Bowline pays S33 to buy the product- In addition: fixed costs total S42:000 per month- Bowline wishes to maintain an inventory at the end of each month equal to 25% of the next month's projected sales- Purchases are paid in the month after purchase. Bowline makes all sales on credit and collects 30% in the month of sale and 70% in the month after sale- Budgeted monthly sales in units for the first five months of 2013 are as follows: January February March April May 20,000 units 25,000 units 28,000 units 302000 units 262000 units Refer to Exhibit 9-2. What dollar amount of merchandise inventory will be purchased in March? O O O O O $957,000 $940,500 None of the answer choices is correct.