Harper Fashion, which sells designer clothing, had $280,000 of cost of goods sold during the month of August. The company projects a 10 percent increase in cost of goods sold during September. The inventory balance as of August 31 is $25,000, and the desired ending inventory balance for September is $28,000. Harper pays cash to settle 85 percent of its purchases on account during the month of purchase and pays the remaining 15 percent in the month following the purchase. The accounts payable balance as of August 31 was $35,000.

Requirements:

1. Determine the amount of purchases budgeted for September.
2. Determine the amount of cash payments budgeted for inventory purchases in September.