Answer the question about netro

ten) either Question 30 3.33 Netro, Incorporated sells backpacks. The Company's accountant is preparing the purchases budget for the first quarter operations. Netro, Incorporated maintains ending inventory at 20% of the following month's expected cost of goods sold. Expected cost of goods sold for April is $88,000. January February March Budgeted cost of goods $ 49,000 $ 68,000 $ 69,000 sold Plus: Desired ending 13,600 inventory Inventory needed 62,600 Less: Beginning inventory (9,800) Required purchases $ 52,800 Based on this information the total amount of expected purchases for February is O $72,800 None of these choices are correct. O $68,200 O $52,800 Previous 15% 1 X