Clover Company forecasts $44821 of sales in January, $38,000 in February, $30770 in March, and $32,000 in April. Cost of goods sold is budgeted at 75% of sales. Clover should have inventory on hand at the end of each month equal to $5,000 plus 20% of the following month's cost of goods sold.
How much are budgeted purchases for February?