2 Midland Company buys tiles and prints different designs on them for souvent and gift stores. It buys the files from a small company in Europe, so at all times it keeps on hand a stock equal to the tiles needed for three months sales. The tiles cost $1.00 each and must be paid for in cash. The company has 26,000 tiles in stock Sales estimates, based on contracts received, are as follows for the next six months ponts ebook January Tary March 12,960 17,300 12,000 15,000 10,400 6,300 Apel Hay Required: 6. & b. Estimate purchases in units) and cash required to make purchases in January February, and March MOLAND COMPANY Merchandise Purchases budget For the Period Ended March 31 January February March Units to be purchased Estimated cost