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 26,000 tiles in stock. Sales estimates, based on contracts received, are as follows for the next six months:

January		12,500
February		18,300
March		13,900
April		15,000
May		10,100
June		6,500

Required:

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