Company A sells course note packets for classes with high enrollments at Happy University. Each packet sells for $10, and the purchase cost is $6 per packet. The firm keeps an inventory of 40% of next months forecast sales. Each month, it pays suppliers 70% of the current months purchases, and the remainder is paid in the following month. The Spring semesters sales budget is:

Questions: 1. Calculate Company A's budgeted purchases per month through April.

2. Show Company A's cash payments to suppliers per month from February through April

January February March April May Sales $6,000 $4,000 $3,000 $6,000 $1,000