Question: need help with question 12 Payne Comparry provided the following information relevant to its irventory sales and purchases for December Year 1 and the first

need help with question 12
need help with question 12 Payne Comparry provided the following information relevant

Payne Comparry provided the following information relevant to its irventory sales and purchases for December Year 1 and the first quarter of Year 2 Desired enoing inventory levels are 25\% of the following montris projected cout of goods sold. The compony purchoses all inventory on account dandary Year 2 budgeted purchases are $150,000. The normsi tichecule for inyemory payments is 60 s poyment in month of purchase and 40 s pyyment in menth following purchase. Gudgeted cash poyments for itiventary in Febristy Yoar 2 would be

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