I need help with this problem

Styles Paragraph see company prepares monthly cash budgets. Relevant data from operating budgets for 2013 are: January February 350.000 400,000 Sales 110,000 130,000 Direct materials purchases 90,000 100,000 Direct labor 75,000 70,000 Manufacturing overhead 79,000 86,000 Selling and administrative expenses All sales are on account. Collections are expected to be 50% in the month of sale, 30% in the first month following the sale, and 20% in the second month following the sale. Sixty percent (60%) of direct materials purchases are paid in cash in the month of purchase, and the balance due is paid in the month following the purchase. All other items above are paid in the month incurred except for selling and administrative expenses that include si,000 of depreciation per month. Other data 1. credit sales: November 2012, $260,000; December 2012, $320,000. 2. Purchases of direct materials: December 2012, $100,000 3. Other receipts: January Collection of December 31, 2012, notes receivable $15,000; February Proceeds from sale of securities $6,000 4. Other disbursements February-withdrawal of $5,000 cash for personal use of owner, Down see The company's cash balance on January 1, 2013, is expected to be S60,000. The company wants to maintain a minimum cash balance of S50,000. Instructions (a) Prepare schedules for (1) expected collections from customers and (2) expected payments for direct materials purchases. (b) Prepare a cash budget for January and February in columnar form