Spelling Company has the following sales projection (in units) for the next six months: Feb: 20000 Mar: 22000 Apr: 18000 May: 25000 Jun: 21000 Jul: 16000 Each unit sells for $30. Spelling has prepared the following sales budget for the quarter of April. May and June: Spelling's cost of goods sold is 40% of its sales revenue. The company has a policy that it keeps 20% of next months budgeted cost of goods sold as ending inventory. The company had exactly the budgeted amount of inventory on hand at April 1. Prepare a purchases budget on paper or. PREFERABLY, in Excel for the quarter of April, May and June. (If you build your schedule using formulas in excel, multiple attempts will be much faster.)