need help with this problem. thanks

1. Expected monthly sales for April May June, and July are $290,000, $260,000, $380,000, and S160,000, respectively. 2. Cost of goods sold is 40 percent of expected sales. 3. CGCs desired ending Inventory is 30 percent of the following month's cost of goods sold. 4. Monthly operating expenses are estimated to be Salaries: $37000 Delivery expense: 6 percent of monthly sales Rent expense on the warehouse: $8,000 Utilities: $1,600 Insurance: $180 Other expenses $280 Required: 1. Compute the budgeted cost of purchases for each month in the second quarter. 2. Complete the budgeted income statement for each month in the second quarter, Complete this question by entering your answers in the tabs below. Required Required 2 Compute the budgeted cost of purchases for each month in the second quarter April May June Total cost of budgeted purchases Pro 17 18 11: Mert Complete this question by entering your answers in the tabs below. Required 1 Required 2 Complete the budgeted income statement for each month in the second quarter. CITRUS GIRL COMPANY Budgeted Income Statement For the Month Ending April 30 May 31 June 30 Budgeted Gross Margin Budgeted Net Operating Income