I have questions 1,2,3, need your answer.

II. You have been asked to prepare a December cash budget for Alaradi Company. Il distributor of exercise equipment. The followin information is available about the company's operations: a. The cash balance on December 1 is $48.000 b. Actual sales for October and November and expected sales for December are as follows: Cash sales Sales on account October $78,000 S480,000 November December 584,000 $99.600) 5630.000 S720,0X10 Sales on account are collected over a three-month period as follows: 30% collected in the month of sale, 50% collected in the month following sale, and collected in the second month following sale. The remaining 1% is uncollectible c. Purchases of inventory will toal S136, 1KI0 for December. Twenty percent of a month's inventory purchases are paid during the month of purchase. The accounts payable remaining from November's inventory purchases total $193,200, all of which will be paid in December d. Selling and administrative expenses are budgeted at SS16,000 for December of this amount. $60,000 is for depreciation c. A new Web server for the Marketing Department costing $91.200 will be purchased for cash during December, and dividends totaling 510,800 will be paid during the month The company maintains a minimum cash balance of $24.000. An open line of credit is available from the company's bank to bolster the cash position as needed Required: 1. Prepare a schedule of expected cash collections for December 2. Prepare a schedule of expected cash disbursements for merchandise purchases for December 3. Prepare a cash budget for December. Indicate in the financing section any borrowing that will be meeste sturing the month. Assume that any interest will not be paid until the following month uslistributor of herb-based sunscreens, is ready to begin in which puak sales acer