PLS anwer all parts

Ahmed Company purchases all merchandise on credit. It recently budgeted the following month-end accounts payable balances and merchandise inventory balances. Cash payments on accounts payable during each month are expected to be: May, $1,100,000; June, $1,400,000; July, $1,250,000; and August, $1,300,000

	Accounts Payable			Merchandise Inventory
May 31	$	150,000		$	270,000
June 30		140,000			300,000
July 31		200,000			500,000
August 31		200,000			380,000

(1) Compute the budgeted amounts of merchandise purchases.
Budgeted amounts:	June	July	August
Ending accounts payable
Payments on account
Subtotal
Beginning accounts payable
Purchases
(2) Compute the budgeted amounts of cost of goods sold.
Budgeted amounts:	June	July	August
Beginning inventory
Purchases
Cost of goods available for sale
Ending inventory	(300,000)	(500,000)	(380,000)
Cost of goods sold