I dont know how to do this question, can you explain it to me$?$

Prepare Cash Budget from Budgeted Transactions Prepare a cash budget for the month ended May 31. Campton Company anticipates a cash balance of $87,000 on May I. The following budgeted transactions for May present data related to anticipated cash receipts and cash disbursements: I. For May, budgeted cash sales are $63,000 and budgeted credit sales are $503,000. (Credit sales for April were $450,000.) In the month of sale, 40% of credit sales are collected, with the balance collected in the month following sale. 2. Budgeted merchandise purchases for May are $283,000. (Merchandise purcases in April were $240,000.) In the month of purchase, 70% Of merchandise purchases are paid for, and the balance is paid for in the following month, 3. Budgeted cash disbursements for salaries and operating expenses for May total $168,000. 4. During May, $25,000 of principal repayment and $4,000 of interest payment are due to the bank. 5. A $20,000 income tax deposit is due to the federal government during May. 6. A new delivery truck will be purchased during May for $6,500 cash and an $8,000 node payable. Depreciation for May will be $510. Prepare a cash budget for Campton Company for the month of May. Campton Company Cash Budget For the Month Ended May 31 Beginning cash balance Cash receipts: Cash sales Collections on credit sales Cash available Cash disbursements: Payments for merchandise Salaries and operating expense payments Principal and interest payment income tax deposit Payment on truck Total cash disbursements Ending cash balance Check