2-a. Prepare a merchandise purchases budget for July, August, and September. Also compute total merchandise purchases for the quarter ended September 30 Beech Corporation Merchandise Purchases Budget July August September Total Budgeted cost of goods sold Total needs Required purchases 2-b. Prepare a schedule of expected cash disbursements for merchandise purchases for July, August, and September. Also compute total cash disbursements for merchandise purchases for the quarter ended September 30 Beech Corporation Schedule of Cash Disbursements for Purchases July August September Total From accounts payable From July purchases From August purchases From September purchases Total cash disbursements 0 0 S 3. Prepare an income statement for the quarter ended September 30 using an absorption income statement format. Beech Corporation Income Statement For the Quarter Ended September 30