Coronado, Inc., sells drum sets. Richard Miller, controller, is responsible for preparing the master budget. The sales manager has given Richard the following sales forecast for the coming months. April May June July Forecasted unit sales 21,000 24,000 19.000 20,000 Coronado expects to have 10,500 drum sets in ending inventory on March 31. The company purchases the drum sets from its supplier for $150 each and maintains 20% of the following month's projected sales in ending inventory. Prepare Coronado's inventory purchases budget for the second quarter. April May June $ $ $ $ Total units required Beginning inventory Budgeted unit cost Budgeted purchases, units Budgeted unit sales Budgeted ending inventory Budgeted purchases MAR 23