Baker Inc prepares monthly budgets. The current budget plans for a September ending merchandise inventory of 33.000 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 220,000 units in October July August September Sales (Units) 210,000 3ee, eee 299,000 Purchases (Units) 223,500 298,500 279,500 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 33,000 Budgeted ending inventory units Required units of available inventory Units to be purchased 223,500 298,500 279,500