I need solution please

Durham Inc. is a wholesale distributor of beach chairs. Peak sales occur in May of each year as shown in the company's sales budget below for the second quarter: IV BudgetedSales(allonaccount)April$700,000May$900,000June$650,000 From past experience, the company has learned that 35% of a month's sales are collected in the month of sale, 55% are collected in the month following sale, and the remaining 10% are collected in the second month following sale. February sales totaled $500,000 and March sales totaled $600,000. Required: Prepare a Schedule of Expected Cash Collections from the sales for each month (April, May and June). (15 marks) Question Two Sash Company is planning its cash needs for the fourth quarter. The following information has been assembled to assist in preparing a cash budget for the quarter: a. The Total cash collections and disbursement for purchases are as follows (All amounts are in dollars): Selling and administrative expenses will be incurred and paid as b. Land costing $2,500 will be purchased in October. c. Dividends of $3,000 will be declared and paid in November. d. The cash balance on October 1st is $10,000. e. The company must maintain a cash balance of at least $18,000 at the end of each month. f. The interest rate on the loans is 13% per year. The company's policy is to repay the loan plus accumulated interest at the end of the quarter. Required: (Use rounding-off when it is needed): Prepare A cash budget for October, November and December (20 marks)