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 $1.00 each and must be paid for in cash. The company has 28,000 tiles in stock. Sales estimates, based on contracts received, are as follows for the next six months:

January		12,300
February		18,800
March		12,300
April		14,600
May		10,100
June		7,200

Required:

a. & b. Estimate purchases (in units) and cash required to make purchases in January, February, and March.