k 6 Homework Saved Help Save & Ch 2 Brooklyn Furniture, a retail store, has an average gross profit ratio of 46%. The sales forecast for the next four months follows: July August September October $ 273,000 223,000 302,000 422,000 04:21:47 Book Management's inventory policy is to have ending inventory equal to 390% of the cost of sales for the subsequent month, although it is estimated that the cost of inventory at June 30 will be $420,000. Required: Calculate the purchases budget, in dollars, for the months of July and August Print erences Purchases July August