The accountant at Supreme Audio resigned while he was in the midst of preparing the budget for 2015. Assumptions: Sales will increase by 30 percent over 2014. Cost of sales equals 60 percent of sales. For 2015, ending inventory should equal 30 percent of the cost of sales for the next quarter. Sales in the first quarter of 2016 will be $300,000. The accountant's work papers indicated the following: Fill in the missing information to determine the sales and purchases budgets for 2015