Midland Company buys sles and prints diferent designs on them for souvenir and gift stores. buys the sles from a small company in Europe, so at all times keeps on hand a stock equal to the les needed for three months' sales. The les cost $1.00 each and must be paid for in cash. The company has 27,000 sies in stock. Sales estimates, based on contracts received, are as follows for the next six months January February 11,800 17,400 March 13.000 Apr 15,000 May 8,700 7,000 Required: a & b. Estimate purchases (n units) and cash required to make purchases in January February, and March MIDLAND COMPANY Merchandise Purchases Budget For the Period Ended March 31 units) January February March Units to be purchased