Kamasaket Foundation sells wholesale equipment to customers. On June 30th, the company had inventories of $462,500 at a cost of $25. The following budget assumptions are available for the third quarter of the year: Each months sales are billed on the last day of the month. Customers are allowed 3% discount if payment is made within 30 days after the billing date. Receivables are recorded in the accounts at their gross amounts (not net of discounts). The billings are collected as follows: 75% within the discount period, 15% percent by the end of the month and 8% by the end of the following month. 2% is uncollectible. Purchase data are as follows: For both purchases of inventory merchandize and selling, general, and administrative expenses, 70% is paid in the month purchased and the remainder in the following month.

• The number of units in each months ending inventory equals 90% percent of the next months unit of sales.
• Selling, general, and administrative expenses, of which $8,000 is depreciation, equals 20% of the current months sales.
• Actual and projected sales are as follow:

	Dollars	Units
May	$675,400	17,700
June	690,800	18,100
July	680,200	17,900
August	649,800	17,100
September	684,000	18,000
October	695,400	18,300

Required:

Compute the following:

a. Budgeted inventory purchases in dollars for July

b. Budgeted inventory purchases in dollars for August

c. Budgeted cash collections during July

d. Budgeted cash disbursements during August

e. The budgeted number of units of inventory to be purchased during September

Please input in table format