5. Peter learned from talking with Jayne that the supplier is so focused on making quality sweatshirts that many times the shirts are not available for several days. She encouraged Peter to maintain an ending inventory of shirts equal to 25% of the next quarter's sales. Prepare a shirt purchases budget for shirts using the format provided. Sweet Shirts, Inc. Shirt Purchases Budget For the Year Ended December 31, 2019 Quarter 1 2 3 4 Year Shirts to be silk-screened Plus: Desired ending inventory Total shirts required Less: Beginning inventory Total shirts needed Cost per shirt Total cost of shirt purchases