how do i do requiremnet 2-4? requirment 3 is not my calculations, they sre used with incorrect information.i need help with correcting 2-4. the requirment list shows what exact calculations are needed.

Score: 0.14 of 1 pt 5 of 5 (4 complete) HW Score: 62.73%, 3.14 of 5 pts P22-43A (book/static) Question Help Baxter Company's budget committee provides the following information: (Click the icon to view the information.) Read the requirements Two Months Ended February 28, 2018 January February Current month sales, 80% 64,800 $ 66,240 Prior month sales, 20% 19,000 16,200 83,800 $ 82.440 Total cash receipts Requirement 2. Prepare the schedule of cash payments for purchases for January and February 2018. Assume purchases are paid 60% in the month of purchase and 40% in the month following the purchase Baxter Company Budgeted Cash Payments for Purchases Two Months Ended February 28, 2018 January February 32 PM 40% of last month's purchases 60% of current month's purchases Total cash payments for purchases Enter any number in the odit fields and then click Check Answer. 3,3 parts remaining Clear All Check Answer 1 - luull. Requirements 1. 2. id 60 arch Prepare the schedule of cash receipts from customers for January and February 2018. Assume cash receipts are 80% in the month of the sale and 20% in the month following the sale. Prepare the schedule of cash payments for purchases for January and February 2018. Assume purchases are paid 60% in the month of purchase and 40% in the month following the purchase. Prepare the schedule of cash payments for selling and administrative expenses for January and February 2018. Assume 40% of the accrual for Salaries and Commissions Payable is for commissions and 60% is for salaries. The December 31 balance will be paid in January. Salaries and Commissions are paid 30% in the month incurred and 70% in the following month. Rent and income tax expenses are paid as incurred. Insurance expense is an expiration of the prepaid amount. Prepare the cash budget for January and February 2018. Assume no financing took place. ca ths Print Done Requirements. Prepare the schedules and we expenses try and Feb 2018. fe d or o BuddCash Payments for being and de v elopers Toom p ense Requirement 4. Prepare the cash budget for January and February 2018. Assume no financing took place. Printer Company Cash Budget Two Months Ended February 28, 2018 January February Beginning cash balance Cash receipts from customers Cash available Cash payments: Purchases of merchandise inventory Selling and administrative expenses Payments for income taxes Total cash payments Ending cash balance (book/static) Ques budg to vie Data Table ments. Two December 31, 2017, account balances: Cash ales, 8 5, 20% 26,000 19,000 25,000 11,000 2,950 repare Wollowi February month Accounts Receivable Merchandise Inventory Accounts Payable Salaries and Commissions Payable Budgeted amounts for 2018: Sales, all on account Purchases, all on account Commissions Expense Salaries Expense Rent Expense Depreciation Expense Insurance Expense Income Tax Expense January 81,000 $ 40,600 4,050 3,500 2,400 82,800 41,500 4,140 3,500 2,400 's pu 900 900 Inth's 300 2,400 300 2,400 its to the Print Done Car A LUCK ANSWE