Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 38,000 units. Company policy is to end each month with merchandise inventory equal to 20% of budgeted sales for the following month. Budgeted sales and merchandise purchases for the next three months follow. The company budgets sales of 190,000 units in October. Prepare the merchandise purchases budgets for the months of July, August, and September. Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 38,000 units. Company policy is to end each month with merchandise inventory equal to 20% of budgeted sales for the following month. Budgeted sales and merchandise purchases for the next three months follow. The company budgets sales of 190,000 units in October. Prepare the merchandise purchases budgets for the months of July, August, and September