Dawe Company sells course note packets for classes with high enrollments at Prestige University. Each packet sells for $10, and the purchase cost is $6 per packet. Dawe keeps an inventory of 40 percent of next month's forecast sales. Each month Dawe pays suppliers 70 percent of the current month's purchases, and the remainder is paid in the following month. The Spring semester's sales budget is:

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Sales.. Required: January February March April $6,000 $4,000 $3,000 $6,000 May $1,000 1. Calculate Dawe's budgeted purchases per month through April. 2. Show Dawe's cash payments to suppliers per month from February through April.