2 Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 38,000 units. Company policy is to end each month with merchandise inventory equal to 20% of budgeted sales for the following month. Budgeted sales and merchandise purchases for the next three months follow. The company budgets sales of 190,000 units in October. 3.75 points July August September Sales (Units) 220,000 320,000 280,000 Purchases (Units) 240,000 312,000 262,000 eBook Prepare the merchandise purchases budgets for the months of July, August, and September. Hint WALKER COMPANY Merchandise Purchases Budget For July, August, and September July Ask August September 38,000 Budgeted ending inventory units Print Required units of available inventory References Units to be purchased 240,000 312,000 262,000