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

July	$	253,000
August		207,000
September		324,000
October		410,000

Management's inventory policy is to have ending inventory equal to 350% of the cost of sales for the subsequent month, although it is estimated that the cost of inventory at June 30 will be $417,000.

Required:

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