Current Attempt in Progress Indigo Company estimates that 2017 sales will be $45,300 in quarter 1,549,600 in quarter 2, and $66,500 in quarter 3. Cost of goods sold 50% of sales Management desires to have ending finished goods inventory equal to 20% of the next quarter's expected costot oods sold Prepare a merchandise purchases budget by quarter for the first 6 months of 2017 INDIGO COMPANY Merchandise Purchases Budget Quarter 2