A company plans inventory levels (at cost) at the end of each month as follows:may $275000;June, $220000;July $270000and August, 240000.sales are expected to be June, $440000:July $350000;August $420000.cost of goods sold is 60%of sales purchase in April were $250000;May $180000.payments for each month's purchases are made as follows: 10% during that month; 80% the next month and the final 10%the next month. Prepare budget schedules for June, July and August for purchases and for disbursement for

purchases