Walker Company prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 36.000 unts! 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 180.000 units in October July August September Sales Units) 200,000 300, 280,000 Purchases (Units) 220,000 296,000 260.000 Prepare the merchandise purchases budgets for the month of July August, and September WALKER COMPANY Merchandise Purchases Budget For July, Augustand September July August September 36.000 Budgeted ending Inventory units Required units of available inventory 220,000 296.000 260.000 Units to be purchased