akeside Components wishes to purchase parts in one month for sale in the next. On June 1 , the company has 10.000 parts in stock, lhough sales for Juno are estimated to total 10,500 parts. Total sales of parts are expected to be 9.700 in July and 14,800 in August. Parts are purchased at a wholesale price of $15 . The supplier has a financing arrangement by which Lakeside Components pays 60 bercent of the purchase price in the month when the parts are delivered and 40 percent in the following month. Lakeside purchased 7,000 parts in May. Required: a. Estimate purchases (in units) for June and July. b. Estimate the cash required to make purchases in June and July. Complete this question by entering your answers in the tabs below. Estimate purchases (in units) for June and July. a. Estimate purchases (in units) for June and July. b. Estimate the cash required to make purchases in June and July. Complete this question by entering your answers in the tabs below. Estimate the cash required to make purchases in June and July