Brooklyn Furniture, a retail store, has an average gross profit ratio of 46%. The sales forecast for the next four months follows:

July	$	254,000
August		200,000
September		322,000
October		412,000

Management's inventory policy is to have ending inventory equal to 300% of the cost of sales for the subsequent month, although it is estimated that the cost of inventory at June 30 will be $414,000.

Required: Calculate the purchases budget, in dollars, for the months of July and August.