All details are in picture and require to answer part A,b and c below the question.

Question 5: Assume that Pores Coffee prepares monthly cash budgets. Relevant data from assumed operating budgets for 2022 are: Sales $490,000 $432,000 Direct Materials - urchases 185,000 210,000 Manufacturing overhead Selling and administrative expenses Pures sells its coffee in shops on campus, as well as to local stores. Collections are expected to be 75% in the month of sale, and 25% in the month following sale. Pures pays 60% of direct materials purchases in cash in the month of purchase, and the balance due in the month following the purchase. All other items above are paid in the month incurred. (Depreciation has been excluded from manufacturing overhead and selling and administrative expenses.) Other data: [1) Sales: December 2021, $320,000 [2) Purchases of direct materials: December 2021, $175,000 [3) Other receipts: JanuaryDonation received. $2.000 FebruarySale of used equipment, $4,000 [4) Other disbursements: February-nPurchased equipment, $10,000 [5) Repaid debt: January, $30,000 The company's cash balance on January 1, 2022, is expected to be $50,000. The company wants to maintain a minimum cash balance of $45,000. a. Prepare a schedule for cash collection from customers for January and February [2 marks] b. Prepare a schedule for expected payments for direct materials purchases for January and February. [2 Marks] c. Prepare a cash budget for January and February. [6 Marks]