Baker Inc 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 July Sales (Unita) 200,000 290,000 290,000 Purchases (Unita) 213,500 290,000 278,000 August September Prepare the merchandise purchases budgets for the months of July, August, and September. Baker Inc Merchandise Purchases Budget For July, August, and September July August September 31,500 Budgeted ending inventory units Required units of available inventory Units to be purchased 213,500 290,000 278.000