Hi, Im still learning how to do these kind of problems so Im still iffy on how to solve for the answers. Any help is appreciated thank you!

sheet and cashloconcerning the Spoedy Growth Company, construct the income statement, balance sheet and cash sta PROBLEMC Given the assumptions below fill in the statements w-outflow statcment for the company for the month of MARCH (you can n the following page- the entries on the following page should help "guide" you to the either use Excel or correct solutions). . Initi . Selling price $125 per unit: COGS $95 per unit; Fixed costs- $30,000 per ial investment (made on January 1 when company begins operations)-$1,250,000 month, tax rate-20% icy-net 40 days (assume 75% of sales are on credit and 25% of sales are for cash-all sales are eventually collected, meaning there is no bad debt. Inventory policy sales for that month. Thus, will be 2,500 units); Inventory carried at cost (ie, at $95 per unit): round number (thus, round $23,435,83 to $23,436) - 25 day supply (Note that this means inventory at the end of the month will be 25/30 of given that January sales 3,000 units (see below), January ending inventory all values to nearest whole Ja 5 per unit) All bills are paid immediatcly (this implics that accounts payable and accruals -so) Dividends $5,000 per month: There are 30 days in every month; Al cash outflows are evenly distributed through the month fadditional funds are needed, these will be in the form of debt (ie money if cash S0 on the balance shect. The amount borrowed will be what is necessary to balance the balance sheet with cash $0 Il revenues, costs, cash inflows and bank loans). The company will bomow . .Monthly Sales: January 3,000 units, February-9,000 units, March -15,000 units Use the statements you created to answer the following questions. Record all answers as a dollar amount rounded to zero (0) decimal places, but do not record a dollar sign or any commas. If your answer is negative (i.c. a loss), put a hyphen before your answer with no space between the - sign and the number. For example, record negative 23.243.83 as -23244 10. Net income in March 11. Addition to retained earnings in March- 12. Accounts receivable in March 13. Debt in March 14. Collection of cash sales + collection of credit sales in March- 15. Net cash flow in March