Brooklyn Furniture, a retail store, has an average gross profit ratio of 45%. The sales forecast for the next four months follows:

May	$	271,000
June		218,000
July		321,000
August		424,000

Management's inventory policy is to have ending inventory equal to 320% of the cost of sales for the subsequent month, although it is estimated that the cost of inventory at April 30 will be $414,000.

Required:

Calculate the purchases budget, in dollars, for the months of May and June.

Purchases May:

Purchases June: