please answer the following

Hardy Company's cost of goods sold is consistently 70% of sales. The company plans ending merchandise inventory for each month equal to 20% of the next month's budgeted cost of goods sold. All merchandise is purchased on credit, and 50% of the purchases made during a month is paid for in that month. Another 45% is paid for during the first month after purchase, and the remaining 5% is paid for during the second month after purchase. Expected sales are August (actual). $355,000; September (actual). $350,000 October (estimated) $300,000; and November (estimated) $360,000. Use this information to determine October's expected cash payments for purchases. Calculate Monthly Purchases: August September October November Budgeted ending inventory Cost of goods sold (estimated) Required available inventory Budgeted beginning inventory Required purchases 5 05 0 5 Calestate Payments Made for Inventory: ... Purchases paid in September October Purchases August After October August purchases September purchases October purchases 0 Determine October's Expected Cash Payments for Purchases October's expected cash payments for purchases