Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 31.500 units. Company policy is to end each month with merchandise inventory equal to 15% of budgeted sales for the following month. Budgeted sales and merchandise purchases for the next three months follow. The company budgets sales of 210,000 units in October Sales (Units) Purchases (Units) July 180,000 202,500 August 330, 890 324,000 September 290,000 278,000 Prepare the merchandise purchases budgets for the months of July, August, and September WALKER COMPANY Merchandise Purchases Budget For July, August, and September July August September 31500 Budgeted ending inventory units Required units of available inventory 202 500 324 000 278.000 Units to be purchased