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Winterfell is a wholesaler of snow boots for dogs. Actual January sales revenue totaled $300,000. February sales are expected to increase 10% over Januarys sales.

Winterfell is a wholesaler of snow boots for dogs. Actual January sales revenue totaled $300,000. February sales are expected to increase 10% over Januarys sales. Marchs sales are expected to increase 15% over Februarys sales. Prices are set to achieve a 70% gross profit. Winterfell wants to maintain an ending merchandise inventory equal to 25% of the next months cost of sales. This requirement was met on February 1st.

What are the companys budgeted purchases for the month of February? Round to the nearest dollar.

A. $330,000

B. $99,000

C. $239,663

D. $102,713

E. $270,000

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