The $2023$ business books of Armidale Company show the following record of monthly budgeted

sales:

The books also contain the following additional pieces of information about the company's

credit and cash collection policy: In any month's sale figure, $85\%$ of the amount account for the

'cost of goods sold' $($COGS$)$ figure for that month. Desired level of 'ending inventory' for any

month is worked out at $55\%$ of the following month's 'cost of goods sold' figure.

Required $($Round off all figures to the nearest dollar, where applicable$)$:

Use the following format to prepare a 'purchases budget' for Armidale Company for the period

of March through May, $2023,$ with the 'total column' on the far right: