Cash budget is inccorect I posted it here before and I got a wrong answer anyone can help?!

Hillyard Company, an office supplies specialty store, prepares its master budget on a quarterly basis. The following data have been assembled to assist in preparing the master budget for the first quarter: As of December 31 (the end of the prior quarter), the company's general ledger showed the following account balances: a. Cash Accounts receivable Inventory Buildings and equipment (net) Accounts payable Common stock Retained earnings $ 56,000 212,800 60,150 366,000 $ 89,925 500,000 105,025 $ 694,950 $694,950 b. Actual sales for December and budgeted sales for the next four months are as follows: December(actual) January Februay March April $266,000 $401,000 $598,000 $313,000 $209,000 C. Sales are 20% for cash and 80% on credit. All payments on credit sales are collected in the month following sale. The accounts receivable at December 31 are a result of December credit sales. d. The company's gross margin is 40% of sales. (In other words, cost of goods sold is 60% of sales.) e. Monthly expenses are budgeted as follows: salaries and wages, $31,000 per month: advertising, $65,000 per month. Shipping, 5% of sales; other expenses. 3% of sales. Depreciation, including depreciation on new assets acquired during the quarter, will be $44,660 for the quarter. Each month's ending inventory should equal 25% ofthe following month's cost of goods sold f. g. One-half of a month's inventory purchases is paid for in the month of purchase; the other half is paid h. During February, the company will purchase a new copy machine for $2,600 cash. During March, i. During January, the company will declare and pay $45,000 in cash dividends. in the following month other equipment will be purchased for cash at a cost of $78,000