I cant figure out table I and J.. heres the information youll need... ill upvote for sure if you help me

Thats the information youll need for table I and J i do not know what to do ive filled most of table I

Required A Required B Required C Required D Required E Required F Required G Required H Required I Required J October sales are estimated to be $220,000, of which 45 percent will be cash and 55 percent will be credit. The company expects sales to increase at the rate of 20 percent per month. Prepare a sales budget. October November December Sales Budget Cash sales Sales on account Total budgeted sales $ $ 99,000 $ 118,800 $ 121,000 145,200 220,000 $ 264,000 $ Required A 142,560 174,240 316,800 Required B > Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Required G Required H Required I Required) es The company expects to collect 100 percent of the accounts receivable generated by credit sales in the month following the sale. Prepare a schedule of cath receipts. October November December Schedule of Cash Receipts Current cash sales Plus collections from A/R Total collections $ S 99,000 $ 0 99,000 $ Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Required G Required H Required T Required J The cost of goods sold is 60 percent of sales. The company desires to maintain a minimum ending inventory equal to 10 percent of the next month's cost of goods sold. However, ending inventory of December is expected to be $13,000. Assume that all purchases are made on account. Prepare an inventory purchases budget. October November December Inventory Purchases Budget Budgeted cost of goods sold Plus: Desired ending inventory $ 132,000 $ 158,400 $ 190,080 15,840 19,008 13,000 Inventory needed 177,408 203,080 147,840 0 (15,840) (19,008) Less Beginning inventory Required purchases (on account) 147,840 S 161,568 $ 184,072 $ Complete this question by entering your answers in the tabs below. Required A Required B Required C Required-D Required E Required F Required G Required H Required I Required) The company pays 80 percent of accounts payable in the month of purchase and the remaining 20 percent in the following month. Prepare a cash payments budget for inventory purchases. (Round your final answers to the nearest whole dollar amounts.) October November: December Schedule of Cash Payments Budget for Inventory Purchases Payment of current month's accounts payable $ Payment for prior month's accounts payable Total budgeted payments for inventory $ 147,258 32,314 179,572 Required A Required B Required C Required D Required E Refuired F Required G Required H Required F Prepare a selling and administrative expenses budget. October November December Selling and Administrative Expense Budget WIL Salary expense $ 19,000 $ 19,000 $ Sales commissions 11,000 13,200 Supplies expense 4,400 5,280 Utilities 2,400 2,400 Depreciation on store fixtures 5,000 5,000 Rent 5,800 5,800 Miscellaneous 2,200 2,200 Total S&A expenses 49,800 S 52,880 S Required I Requ Required A Required B Required C Required D Required E Required F Required G Required H Required I Required J Utilities and sales commissions are paid the month after they are incurred; all other expenses are paid in the month in which they are incurred. Prepare a cash payments budget for selling and administrative expenses. October November December Schedule of Cash Payments for S&A Expenses Salary expense $ Sales commissions Supplies expense Utilities Depreciation on store fixtures Rent Miscellaneous Total payments for S&A expenses 19,000 $ 0 4,400 0 0 5,800 2,200 $ 31.400 S Perez borrows funds, in increments of $1,000, and repays them on the last day of the month. Repayments may be made in any amount available. The company also pays its vendors on the last day of the month. It pays interest of 1 percent per month in cash on the last day of the month. To be prudent, the company desires to maintain a $22,000 cash cushion. Prepare a cash budget. (Any repayments should be indicated with a minus sign.) Show less A Cash Budget October November December Section 1 Cash Receipts Beginning cash balance Add Cash receipts Total cash available Section 2: Cash Payments For inventory purchases For selling and administrative expenses Purchase of store fixtures Interest expense Total budgeted disbursements Section 3: Financing Activities Surplus (shortage) Borrowing (repayment) Ending cash balance S 0 $ 99,000 99,000 118,272 31,400 210,000 0 10 359,672 (260 672) 283,000 $ 22,000 287,760 309,760 179,572 48,936 0 2,502 0 231,010 78,750 (56, 750) 22.000 Prepare a pro forma income statement for the quarter. PEREZ COMPANY Pro Forma Income Statement For the Quarter Ended December 31, Year 11 Sales revenue 800,800 Cost of goods sold 480,480 Gross margin 320,320 Selling and administrative expenses 159,256 Operating income 161,064 Interest expense 5,332 Net income 155,732 Prepare a pro forma balance sheet at the end of the quarter. (Amounts to be deducted should be indicated by a minus sign.) PEREZ COMPANY Pro Forma Balance Sheet December 31, Year 1 Assets Cash $ 22,000 Inventory 13,000 Accounts receivable Store fixtures $ Accumulated depreciation 4 Book value of fixtures 225,000 260,000 Accounts payable Utilities payable 2,400 Sales commissions payable 15,840 Line of credit liability 0 Retained earnings 155,732 0 Total liabilities and equity 173,972 Total assets Liabilities Equity 210,000 15,000 $ $ Panvited M Required Prepare a pro forma statement of cash flows for the quarter. (Cash outflows should be indicate PEREZ COMPANY Pro Forma Statement of Cash Flows For the Quarter Ended December 31, Year 1 Cash flows from operating activities Cash receipts from customers Cash payments for inventory Cash payments for selling and administrative expenses Cash payments for interest expense Net cash flows from operating activities Cash flows from investing activities 0 Cash payment for store fixtures Cash flow from financing activities Net inflow from line of credit Net increase in cash Plus: Beginning cash balance Ending cash balance