Party Time, Inc., buys plain mylar balloons and prints different designs on them for various occasions. It imports the balloons from Taiwan, so at all times it keeps on hand a stock equal to the balloons needed for two months’ sales. The balloons cost $ .70 each and must be paid for in cash. The company has 14,000 balloons in stock. Sales estimates, based on contracts received, are as follows for the next six months:

HF eV@ LOZIN V/boroareisoteoctn ofccneterecnercts 6,200 ROD CUA eet: cancatemie ene 8,900 WatiChisncmm escaecgmaenmaa : 6,600 AO illaacassanteernssateetecomegettanccesat 7,100 MAN iesi ses sftecsnteseseaeteecetneietaetey s 4,800 Required

a. Estimate purchases (in units) for January, February, and March.

b. Estimate the cash required to make purchases in January, February, and March.