help!!

In May 2022, the budget committee of Novak, Inc. assembles the following data in preparation, of budgeted merchandise purchases for the month of June. 1. Expected sales: June $705,000, July $950,000. 2. Cost of goods sold is expected to be 70% of sales. 3. Desired ending merchandise inventory is 40% of the following month's cost of goods sold. 4. The beginning inventory at June 1 will be the desired amount. Compute the budgeted merchandise purchases for June