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D&J Furniture, a retail store, has an average gross profit ratio of 4 8 % . The sales forecast for the next four months follows:

D&J Furniture, a retail store, has an average gross profit ratio of 48%. The sales forecast for the next four months follows:
March $ 125,000
April 110,000
May 155,000
June 200,000
Management's inventory policy is to have ending inventory equal to 200% of the cost of sales for the subsequent month, although it is estimated that the cost of inventory at February 28 will be $140,000.
Required:
Calculate the purchases budget, in dollars, for the months of March and April.

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