Brooklyn Furniture, a retail store, has an average gross profit ratio of 48%. The sales forecast for the next four months follows: July August September October 265,000 218,000 321,000 415,000 Management's inventory policy is to have ending inventory equal to 400% of the cost of sales will be $405,000. although ts estimated e subsequent month a cost of a ne Required: Calculate the purchases budget, in dollars, for the months of July and August. Purchases July August