Thornton Company specializes in home computer speakers. It budgets its monthly costof goods sold to equal $70\%$ of sales. The inventory policy calls for a beginning inventory in each month equal to $25\%$ of the budgeted cost of goods sold for that month.All purchases are on credit. And $20\%$ of the purchases in any month are paid for duringthe same month. Another $30\%$ is paid during the first month after purchase, and theremaining $30\%$ is paid in the second month after purchase. The following sales budgetshave been established: July $$600,000$August $$480,000$ September $$540,000$October $$480,000$ November $$420,000$ A$.$ Calculate the budgeted purchases for July, August, September, and October B$.$ Calculate the budgeted payments on accounts payable for September and October C$.$ Calculate the budgeted ending balances of accounts payable for September and October