I need help in parts d and e

Problem 6-22 Level production and related financing effects [LO6-3] Esquire Products Inc. expects the following monthly sales: January February March April May June $ 30,000 July 21,000 August 14,000 September 16,000 October 10,000 November 8,000 December Total sales = $288,000 $ 24,000 28,000 31,000 36,000 44,000 26,000 Cash sales are 40 percent in a given month, with the remainder going into accounts receivable. All receivables are collected in the month following the sale. Esquire sells all of its goods for $2 each and produces them for $1 each. Esquire uses level production, and average monthly production is equal to annual production divided by 12. a. Generate a monthly production and inventory schedule in units. Beginning inventory in January is 14,000 units. b. Prepare a cash receipts schedule for January through December. Assume that dollar sales in the prior December were $20,000. Esquire Products Inc. c. Prepare a cash payments schedule for January through December. The production costs ($1 per unit produced) are paid for in the month in which they occur. Other cash payments (besides those for production costs) are $7,600 per month d. Construct a cash budget for January through December using the cash receipts schedule from part b and the cash payments schedule from part c. The beginning cash balance is $3,000, which is also the minimum desired. (Negative amounts should be indicated by a minus sign.) e. Determine total current assets for each month. Include cash, accounts receivable, and inventory. The accounts receivable for a given month is equal to 60 percent of that month's sales. Inventory is equal to ending inventory (part a) times the cost of $1 per unit Esquire Products Inc. Assets Accounts Cash Receivable Inventory Total Current Assets