I have a problem understanding cash budget and budgeted balance sheet. Seeing these values I am unsure as to where they come from

Cash

Accounts receivable Inventory

Property, plant and equipment (net) Accounts payable Long-term liabilities Stockholders' equity

Selected budget information for December 2017 follows: Cash balance, December 31, 2017

Budgeted sales Budgeted materials purchases

? ? ?

$1,175,600 ?

182,000 ?

$ 124,000 1,650,000 820,000

Customer invoices are payable within 30 days. From past experience, Skulas's accountant projects 40% of invoices will be collected in the month invoiced, and 60% will be collected in the following month. Accounts payable relates only to the purchase of direct materials. Direct materials are purchased on credit with 50% of direct materials purchases paid during the month of the purchase, and 50% paid in the month following purchase. Fixed manufacturing overhead costs include $64,000 of depreciation costs and fixed nonmanufactur-ing overhead costs include $10,000 of depreciation costs. Direct manufacturing labour and the remaining manufacturing and nonmanufacturing overhead costs are paid monthly. All property, plant, and equipment acquired during January 2018 were purchased on credit and did not entail any outflow of cash.

There were no borrowings or repayments with respect to long-term liabilities in January 2018. On December 15, 2017, Skulas's board of directors voted to pay a $160,000 dividend to stockholders on January 31, 20