I know these are multiple parts but this was one question on my homework. If someone could help me out here, I would highly appreciate it!

You received partial credit In the previous attempt. 5 actual) May (actual) June (budgeted) July (budgeted) August (budgeted) 4,000 2,200 6,000 5,000 4,200 Dollars $ 600,000 330,000 900,000 899,000 630,000 its eBook Ask eferences All sales are on credit. Recent experience shows that 22% of credit sales is collected in the month of the sale, 48% in the month after the sale, 25% in the second month after the sale, and 5% proves to be uncollectible. The product's purchase price is $110 per unit. 60% of purchases made in a month is paid in that month and the other 40% Is pald In the next month. The company has a policy to maintain an ending monthly Inventory of 23% of the next month's unit sales plus a safety stock of 130 units. The April 30 and May 31 actual Inventory levels are consistent with this policy. Selling and administrative expenses for the year are $1.404,000 and are pald evenly throughout the year In cash. The company's minimum cash balance at month-end Is $120,000. This minimum is malntalned, if necessary, by borrowing cash from the bank. If the balance exceeds $120.000, the company repays as much of the loan as it can without going below the minimum. This type of loan carries an annual 14% Interest rate. On May 31, the loan balance is $31,500, and the company's cash balance is $120,000. Required: 1. Prepare a schedule that shows the computation of cash collections of Its credit sales (accounts recelvable) In each of the months of June and July 2. Prepare a schedule that shows the computation of budgeted ending Inventories (In units) for April. May, June, and July 3. Prepare the merchandise purchases budget for May June, and July. Report calculations in units and then show the dollar amount of purchases for each month. 4. Prepare a schedule showing the computation of cash payments for product purchases for June and July. 5. Prepare a cash budget for June and July, including any loan activity and Interest expense. Compute the loan balance at the end of each month. Complete this question by entering your answers in the tabs below. You recelved partial credit In the p Required 1 Requited 2 Required 3 Required 4 Required 5 Prepare a schedule that shows the computation of budgeted ending inventories (in units) for April, May, June AZTEC COMPANY Book Budgeted Ending Inventory For April, May, June and July April May June July rences Next month's budgeted sales (units) Ratio of inventory to future sales Budgeted "base" ending inventory Required: Required 3 > Required 1 Required 2 Required 3 Required 4 Required 5 Prepare the merchandise purchases budget for May, June, and July Report calculations in units and th amount of purchases for each month. AZTEC COMPANY Merchandise Purchases Budgets For May, June, and July May June July Required units of available merchandise Budgeted purchases (units) Budgeted cost of merchandise purchases Required 2 Required 4 5. Required 1 Required 2 Required 3 Required 4 Required 5 Prepare a schedule showing the computation of cash payments for product purchases for June and Jul- 0 pints Cash payments on product purchases (for June and July) Percent Paid in eBook May June July From purchases in: May References June July Amount Paid in Total May June July From purchases in May June July