Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 20,000 units. Company policy is to end each month with merchandise inventory equal to 10% of budgeted sales for the following month. Budgeted sales and merchandise purchases for the next three months follow. The company budgets sales of 200,000 units in October Sales (Units) Purchases (Units) July August September 170,000 290,000 310,000 182,006 292,000 299,000 Prepare the merchandise purchases budgets for the months of July, August, and September WALKER COMPANY Merchandise Purchases Budget For July, August, and September Lu August September Budgeted ending inventory units 20,000 udgeted units sales for month Required units of available inventory Beginning inventory (units) Units to be purchased 182,000 292,000 299,000