Omaha Furniture Mart has the following information:

Month	Budgeted Sales
June	$68,000
July	72,000
August	80,000
September	76,000
October	80,000

The cost of merchandise sold is 60% of sales and the desired ending inventory level is 25% of next month's cost of merchandise sold.

Budgeted merchandise purchases for August amount to

		$48,600
		$47,400
		$80,000
		$79,000
		$81,000
		$46,800