I just need question 2 and 3 with explanation please

Goldberg Company is a retail sporting goods store that uses an accrual accounting system. Facts regarding its operations follow: Sales are budgeted at $230,000 for December and $200,000 for January, terms 1/eom, n/60. Collections are expected to be 50% in the month of sale and 48% in the month following the sale. Two percent of sales are expected to be uncollectible and recorded in an allowance account at the end of the month of sales. Bad debts expense is included as part of operating expenses. Gross margin is 30% of sales All accounts receivable are from credit sales. Bad debts are written off against the allowance account at the end of the month following the month of sale. Goldberg desires to have 80% of the merchandise for the following month's sales on hand at the end of each month. Payment for merchandise is made in the month following the month of purchase. Other monthly operating expenses to be paid in cash total $18,400 Annual depreciation is $168,000, one-twelfth of which is reflected as part of monthly operating expenses Goldberg Company's statement of financial position at the close of business on November 30 follows: GOLDBERG COMPANY Statement of Financial Position November 30, 201 Assets Cash 18,000 Accounts receivable (net of $4,000 allowance for doubtful accounts) 56,000 Inventory 128,800 Property, plant, and equipment (net of $580,000 accumulated depreciation) 960,000 Total assets $1,162,800 Liabilities and Stockholders' Equity 138,000 Accounts payable Common stock 800,000 Retained earnings 224,800 Total liabilities and equity $1,162,800 Required 1. What is the total of budgeted cash collections for December? (Do not round intermediate calculations.) Budgeted cash collections-December 169,850