Ashwini Gupta owns a retail store that sells hand-made leather goods from around the world. Unfortunately, overseas suppliers are less than trusting when dealing with small clients, as it is common for people not to pay their bills. Thus, most suppliers require a letter of credit before they ship any items. Ashwini deals with a local bank for such letters of credit. The bank will put a hold on Ashwini’s account for the amount guaranteed. The actual payment, however, will take place only after the supplier produces evidence of having shipped the items.
Ashwini expects to receive $150,000 worth of items in May, $185,000 worth of items in June, and $210,000 worth of items in July. Ashwini usually commits to a letter of credit a month before she receives the items.

Required:
What should Ashwini budget as “cash outflow for purchases” for April, May, and June?