Check my 1 Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 20,000 units. Company policy is to end each month with merchandise inventory equal to 10% of budgeted sales for the following month. Budgeted sales and merchandise purchases for the next three months follow. The company budgets sales of 200,000 units in October 20 July August September 190,000 310.000 320,000 Purchases Unita) 202,000 111,000 108,000 Prepare the merchandise purchases budgets for the months of July, August, and September int WALKER COMPANY Merchandise Purchases Budget For July, August, and September August September 20.000 Reference Budgeted ending inventory units Budgeted units sales for month Required units of variable inventory Beginning inventory units) Units to be purchased 202,000 311.000 308,000