Check my wer Exercise 13-32 (Algo) Estimate Purchases and Cash Disbursements (LO 13-4,5) Midland Company buys tiles and prints different designs on them for souvenir and gift stores. It buys the tiles from a sua company in Europe, so at all times it keeps on hand a stock equal to the tiles needed for three months sales The tiles cost $100 each and must be paid for in cash. The company has 28.000 tiles in stock Sales estimates, based on contracts received, are as follows for the next six months: January February March April May June 11.500 17,000 12,700 14,100 10.600 100 Required: a. & b. Estimate purchases in units) and cash required to make purchases in any, February and March MIDLAND COMPANY Merchandise Purchases Budget For the Period Ended March 31 in units) January February Units to be purchased Estimados March