I need help with this!!

You have been asked to prepare a December cash budget for Ashton Company, a distributor of exercise equipment. The following information is available about the company's operations a. The cash balance on December 1 is $56,600 b. Actual sales for October and November and expected sales for December are as follows Cash sales Sales on account October November December $71,200 $ 73,400 $ 86,200 440,000 576,000 639,000 Sales on account are collected over a three-month period as follows: 20% collected in the month of sale, 60% collected in the month following sale, and 18% collected in the second month following sale. The remaining 2% is uncollectible c. Purchases of inventory will total $315,000 for December. Thirty percent of a month's inventory purchases are paid during the month of purchase. The accounts payable remaining from November's inventory purchases total $181,500, all of which will be paid in December d. Selling and administrative expenses are budgeted at $522,000 for December. Of this amount, $74,100 is e. Anew web server for the Marketing Department costing $103,500 will be purchased for cash during f. The company maintains a minimum cash balance of $20,000. An open line of credit is available from the for depreciation December, and dividends totaling $10,000 will be paid during the month. company's bank to bolster the cash position as needed Required 1. Prepare a schedule of expected cash collections for December Ashton Company Schedule of Expected Cash Collections December cash sales Collections on account: October sales November sales December sales Total cash collections 2. Prepare a schedule of expected cash disbursements for merchandise purchases for December Ashton Company Schedule of Expected Cash Disbursements Payments to suppliers November purchases December purchases Total cash payment:s