Refer to the information in S22-6. Suppose cost of goods sold averages \(75 \%\) of sales. Ending inventory is \(\$ 20,000\) plus \(80 \%\) of cost of goods sold for next month. January 1 inventory balance is \(\$ 48,000\). Prepare the Butte store's inventory; purchases, and cost of goods sold budget for January and February.