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The following data have been taken from the budget reports of Brandon Company, a merchandising company. Purchases Sales Jan 160,000 100,000 Feb 160,000 200,000 March

The following data have been taken from the budget reports of Brandon Company, a merchandising company.

Purchases Sales Jan 160,000 100,000 Feb 160,000 200,000 March 160,000 240,000 April 140,000 300,000 May 140,000 260,000 June 120,000 240,000

__ $254,000

__ $200,000

__ $140,000

__ $248,000

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