Kevin Montgomery Retails seeks your assistance to develop cash and other budget information for May, June, and July. At april 30, the company had cash of $5,500, accounts receivable of $437,000, inventories of $446,250, and accounts payable of $133,055. The budget is to be based on the following assumptions: Each month's sales are billed on the last day of the month. Customers are allowed a 3% discount if payment is made within 10days after the billing date. Receivables are recorded in the accounts at their gross amounts (not net of discounts). 55%of the billing are collected within the discount period; 30% are collected by the end of the month; 9% are collected by the end of the 2nd month and 6% out to be uncollectible. The market, general, and administrative expenses and 60% of all purchases of merchandise are paid in the month purchased with the remainder of merchandise purchases paid in the following month. The number of units in each month's ending inventory is equal to 125% of the next month's units of sales. The cost of each unit of inventory is $30. Marketing, general, and administrative expenses, of which $3,000 is depreciation, are equal to 15% of the current month's sales. March dollars $472,000 units 11,800 April dollars $484,000 units 12,00 May dollars $476,000 units 11,900 June dollars $456,000 units 11,400 July dollars $480,000 units 12,000 August dollars $480,000 units 12,200. What are the budgeted number of inventory units that need to be purchased in July?