can anyone help me out with this im confused

Waterways Corporation is preparing its budget for the coming year, 2022. The first step is to plan for the first quarter of that coming year. The comparty has gathered information from its managers in preparation of the budgeting process. Waterways likes to keep 10% of the next month's unit sales in ending imventory. All sales are on account. 85% of the Accounts Roceivable are collected in the month of sale, and 15% of the Accounts Receivable are collected in the month after sale. Accounts receivable on December 31,2021 , totaled $185,400. Direct Materials Direct materials cost 80 cents per pound. Two pounds of direct materials are required to produce each unit. Waterways likes to keep 5% of the materials needed for the next month in its ending imyentory. Raw Materials on December 31,2021 totaied 11,380 pounds. Payment for materials is made within 15 days. 50% is paid in the month of purchase, and 50% is paid in the month after purchase. Accounts Payable on December 31, 2021, totaled \$120,595. Direct Labor Labor requires 12 minutes per unit for completion and is paid at a rate of $9 per hour. Depreciation.PropertytaxesInsuranceMaintenance$17,800$2,800$1,100$1,400permonthpermonthpermonthpermonth Selling and Administrative Variable selling and administrative cost per unit is $1.70. AdvertisingInsuranceSalariesDepreciationOtherfixedcosts$16,000amonth$1,500amonth$71,000amonth$2,700amonth$3,200amonth The Cash balance on December 31, 2021, totaled $100,000, but management has decided it would like to maintain a cash balance of at least $700,000 beginning on January 31, 2022. Dividends are paid each month at the rate of $2.70 per share for 5,180 shares outstandine. The compary has an open line of eredit with Remney's Bank. The terms of the agreement requires borrowing to be in $1,000 increments at 9K interest. Waterways borrows on the first day of the month and repays on the last day of the month. A $550,000 equipment purchase is planned for February. For the first quarter of 2022 prepare a schedule for expected cash collections from customers