PLEASE I NEED THESE ASAP WILL GIVE THUMBS UP! ;)

Stewart sells tire rims. Its sales budget for the nine months ended September 30 follows: (Click the icon to view the budget.) In the past, cost of goods sold has been 65% of total sales. The director of marketing and the financial vice president agree that each quarter's ending inventory should not be below $22,000 plus 15% of cost of goods sold for the following quarter. The marketing director expects sales of $230,000 during the fourth quarter. The January 1 inventory was $34,675. Requirement Prepare an inventory, purchases, and cost of goods sold budget for each of the first three quarters of the year. Compute cost of goods sold for the entire nine-month period. Complete the table below. (Round amounts to the nearest whole dollar.) Stewart Inventory, Purchases, and cost of Goods Sold Budget For the Nine Months Ended September 30 Quarter Ended Nine-month Total March 31 June 30 September 30 Cost of goods sold Plus: Desired ending inventory Total inventory required Less: Beginning inventory Purchases Budget Quarter Ended Nine-Month March 31 June 30 September 30 Total $ 52,000 $ 72,000 $ 60,000 $ 184,000 78,000 108,000 90,000 276,000 Cash sales, 40% Credit sales, 60% ... $ 130,000 $ 180,000 $ 150,000 $ 460,000 Total sales, 100% Print Done