Lakeside Components wishes to purchase parts in one month for sale in the next. On June $1,$ the company has $10,000$ parts in stock, although sales for June are estimated to total $14,400$ parts. Total sales of parts are expected to be $13,500$ in July and $11,600$ in August.

Parts are purchased at a wholesale price of $$20.$ The supplier has a financing arrangement by which Lakeside Components pays $50$ percent of the purchase price in the month when the parts are delivered and $50$ percent in the following month. Lakeside purchased $17,000$ parts in May.

Required:

a$.$ Estimate purchases $($in units$)$ for June and July.

b$.$ Estimate the cash required to make purchases in June and July.

Complete this question by entering your answers in the tabs below.

Estimate purchases $($in units$)$ for June and July.

$\backslash$table$[[,$June,July$],[$Merchandise to be purchased in units,,$]]$