managerial accounting help asap?!

2 On March 31, Streuling Enterprises, a merchandising firm, had an inventory of 38,000 units, and it accounts receivable totalling $85,000. Sales, in units, have been budgeted as follows lr for the next four months Aperil60,000 May June July 90.000 1.000 Streuling's board of directors has established a policy to commence in April that the inventory at month should contain 40% of the units required for the following month's budgeted sales. The selling price is $2 per unit. One-third of sales are paid for by customiers in the month of the sale the balance is collected in the following month Required a) Prepare a merchandise purchases budget showing bow many anits shovuid he parchosed ior cuth of the months April, May, and June. b) Prepare a schedule of expected cash collections for cach of the months April, May, and June