Purchases and Payments. Cumberland Company sells course note packets for classes with high enrollments at Coventry University. Each packet sells for $10, and the purchase cost is $6 per packet. The firm keeps an inventory of 40% of next month's forecast sales. Each month, it pays suppliers 70% of the current month's purchases, and the remainder is paid in the following month. The Spring semester's sales budget is: January Feliruary March April May $1,000 Sales 56.000 $4,000 $3,000 56.000 Questions: 1. Calculate Cumberland's trucigeted purchases per month through April. 2. Show Cumberland's cash payments to suppliers per month from February through April