Flower Catering provides catering to downtown offices. The company estimated there will be $49,500 in food inventory at the beginning of December 2020 . Flower Catering wants to have half of that amount in its inventory at the end of December. Based on the forecast, cost of food sales in December will be $121,700. Do not enter dollar signs or commas in the input boxes. Use the negative sign for negative values or values that must be subtracted. Prepare a purchases budget. Flower Catering Purchases Budget Month Ending December 31, 2020 Budgeted Cost of Sales Answer Required Ending Inventory Answer 24750 Budgeted Beginning Inventory Answer 49500 Required Purchases Answer