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 27,000 tiles in stock. Sales estimates, based on contracts received, are as follows for the next six months:

January 13,100

February 17,000

March 13,100

April 14,000

May 9,500

June 8,000

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