I need the formulas for these. Thank you

1. Prepare a sales budget, including a schedule of expected cash collections. 2. Prepare a direct materials budget, including a schedule of expected cash disbursements for purchases of materials. 3. Prepare a cash budget. X Paste XBH 5- 5 Cash Budget with Supporting Cash Collections and Disbursements Schedules - Excel ? - 6 FILE HOME INSERT PAGE LAYOUT FORMULAS DATA REVIEW VIEW Sign In X Calibri |11-AA = % B I U . - A. Alignment Number Conditional Format as Cell Cells Formatting Table Styles Clipboard Font Styles X S&P Enterprises needs a cash budget for March. The following information is C D E 1 1&P Enterprises needs a cash budget for March. The following information is available. January February March 3 Data 4 Actual January and February and expected March sales: 5 Cash sales 6 lales on account 7 otal Sales $ 1.600 $ 25,000 26.600 $ 3,750 $ 5.100 30.000 40.000 33.750 $45.100 $ 9 10 Accounts Receivable Collections: Month of sale Month following sale Second month following sale Uncollectible 15% 60% 22% 13 3% $10,500 $23.500 15 Accounts payable for inventory purchases, March 1 balance 16 Budgeted inventory purchases in March 17 nventory payments: 18 Month of purchase Month following purchase 60% 40% 21 Cotal budgeted selling & administrative expenses in March 22 Sudgeted selling & administrative depreciation in March $12,500 $3,200 24 Other budoefed each dichurements in March Budget Data Schedules and Cash Budget - T READY Attemptis) E C - D + 100% | Clipboard Font Styles X S&P Enterprises needs a cash budget for March. The following information is C D 22 Budgeted selling & administrative depreciation in March $3,200 24 Other budgeted cash disbursements in March 25 Equipment purchases 26 Dividends to be paid $14,000 $2,000 $10,000 $11,500 28 Minimum cash balance to be maintained 29 March 1 cash balance 30 March 1 outstanding borrowings 31 March 1 interest due $0 $0 33 The company has a line of credit available to bolster the cash balance as needed. 35 When preparing budgets, the company maintains their data on a separate sheet from the actual budget and schedules. 37 Click the Schedules and Cash Budget tab to prepare the following: 38 1. Schedule of expected cash collections for March. 39 2. Schedule of expected cash disbursements for inventory purchases for March. 40 3. Cash budget for March. Indicate in the financing section any borrowing that will be needed in March. Assume that 41 any interest will not be paid until the following month. 45 - Budget Data Schedules and Cash Budget - I E READY Attempt(s) B - T + 100% Hint