Midland Company buys tiles and prints different designs on them for souvenir and gift stores. It buys the tiles from a small company in Europe, so at all times it keeps on hand a stock equal to the tiles needed for three months sales. The tiles cost $075 each and must be paid for in cash The company has 27000 tiles in stock. Sales estimates, based on contracts received, are as follows for the next six months 56 January February March April 12,400 17,400 12,800 13,700 10,450 6.500 June Required: 6. & b. Estimate purchases in units) and cash required to make purchases in January February, and March MIDLAND COMPANY