I just need help on parts a and c.

E22-33 Preparing a financial budget-schedule of cash receipts and schedule Learning Objective 6 of cash payments Agua Cool is a distributor of bottled water. For each of the items, compute the amount of cash receipts or payments Agua Cool will budget for September. The solu- tion to one item may depend b. Sep, cash recpts. $120,680 on the answer to an earlier item. Management expects to sell equipment that cost $14,000 Accumulated depreciation on this equipment is $5,000. gain of $7,000. at a a. b. Management expects to sell 7,100 cases of water in August and 9,000 cases in September. Each case sells for $14. Cash sales average 20% of total sales, and credit sales make up the rest. Three-fourths of credit sales are collected in the month of the sale, with the balance collected the following month. c. The company pays rent and property taxes of $4,500 each month. Commissions and other selling expenses average 30% of sales. Agua Cool pays one-half of commissions and other selling expenses in the month incurred, with the balance paid the following month