Yoshino,Inc Calculate the Ending Merchandise Inventory for the Month of March

Yoshino,Inc.,a merchandising company,has the following budgeted figures: $$\begin{array} { | l | l | l | l | l | } \hline & \text { Jan } & \text { Feb } & \text { Mar } & \text { April } \\\hline \text { Sales } & \$ 51,900 & \$ 69,000 & \$ 80,000 & \$ 91,000 \\\hline \text { Cost of goods sold } & 50 \% \text { of sales } & & & \\\hline & \$ 15,000 + 20 \% \text { of } & & & \\ \text { Required ending inventory}&\text {next month's sales } & & & \\\hline \text { Inventory on hand on Jan 1 } & \$ 27,000 & & & \\\hline\end{array}$$ Calculate the ending merchandise inventory for the month of March.

A) $33,200
B) $55,000
C) $27,750
D) $40,000