I do not understand how to do questions 2-5!! Help!!

The following data relate to the operations of Shilow Company, a wholesale distributor of consumer goods: Current assets as of March 31 S 9,200 $ 26,800 $ 49,800 S104.400 S 29.925 $150,000 $ 10.275 Cash Accounts receivable Inventory Building and equipment, net Accounts payable Capital stock Retained earnings a. The gross margin is 25% of sales. b. Actual and budgeted sales data: March (actual) April Ma June S67,000 S83,000 S88.000 $113,000 S64,000 c. Sales are 60% for cash and 40% on credit. Credit sales are collected in the month following sale. The accounts receivable at March 31 are a result of March credit sales. d. Each month's ending inventory should equal 80% of the following month's budgeted cost of goods sold e. One-half of a month's inventory purchases is paid for in the month of purchase; the other half is paid for f. Monthly expenses are as follows: commissions, 12% of sales; rent, $4,000 per month; other expenses g. Equipment costing $3,200 will be purchased for cash in April in the following month. The accounts payable at March 31 are the result of March purchases of inventory (excluding depreciation), 6% of sales. Assume that these expenses are paid monthly. Depreciation is $783 per month (includes depreciation on new assets). h. Management would like to maintain a minimum cash balance of at least $4,000 at the end of each month. The company has an agreement with a local bank that allows the company to borrow in increments of $1,000 at the beginning of each month, up to a total loan balance of $20,000. The interest rate on these loans is 1% per month and for simplicity we will assume that interest is not compounded The company would, as far as it is able, repay the loan plus accumulated interest at the end of the quarter Required: Using the data above 1. Complete the following schedule Schedule of Expected Cash Collections pril Ma June Quarter Cash sales Credit sales Total collections 5 49,800 S 52,800 67,800 S 170,400 5,200 107,200 $ 76,600 88,000 113,000 S 277,600 26,800 35,200