O'Hare Company Is in the Process of Preparing a Purchases

O'Hare Company is in the process of preparing a purchases budget for the first quarter of Year 2. The company has budgeted sales as follows: $$\begin{array} { | l | l r | } \hline \text { Dec. Year 1 } & \$ & 44,000 \\\hline \text { Jan. Year 2 } & \$ & 46,500 \\\hline \text { Feb. Year 2 } & \$ & 51,000 \\\hline \text { Mar. Year } 2 & \$ & 61,500 \\\hline\end{array}$$ Cost of goods sold is expected to be 75% of sales. The company would like to have ending inventory each month equal to 25% of the following month's predicted cost of sales. The total cost of purchases in January Year 2 is:

A) $35,719.
B) $46,500.
C) $44,438.
D) $59,250.