Need some help with this one.

Weller Industrial Gas Corporation supplies acetylene and other compressed gases to Industry, Data regarding the store's operations follow: Sales are budgeted at $320,000 for November, $340,000 for December, and $330,000 for January . Collections are expected to be 70% in the month of sale and 30% in the month following the sale. The cost of goods sold is 75% of sales. The company desires an ending merchandise inventory equal to 75% of the cost of goods sold in the following month. Payment for merchandise is made in the month following the purchase. Other monthly expenses to be paid in cash are $20.700. Monthly depreciation is $20,500. Ignore taxes . Balance Sheet October 31 Assets Cash Accounts receivable Merchandise inventory Property, plant and equipment (net of $591,000 accumulated depreciation) Total assets $ 21,500 82,500 180,000 1.001,000 $1,285,000 Liabilities and Stockholders' Equity Accounts payable Comon stock Retained earnings Total liabilities and stockholders' equity $ 195,500 560,000 529,500 $1,285,000 Required: a. Prepare a Schedule of Expected Cash Collections for November and December b. Prepare a Merchandise Purchases Budget for November and December c. Prepare Cash Budgets for November and December d. Prepare Budgeted Income Statements for November and December e. Prepare a Budgeted Balance Sheet for the end of December Complete this question by entering your answers in the tabs below. Required A Required B Required Required D Required E Prepare a Schedule of Expected Cash Collections for November and December November December Sales Schedule of Expected Cash Collections Accounts receivable November sales December sales Total cash collections Weller Industrial Gas Corporation supplies acetylene and other compressed gases to industry. Data regarding the store's operations follow Sales are budgeted at $320,000 for November, $340,000 for December, and $330,000 for January Collections are expected to be 70% in the month of sale and 30% in the month following the sale. The cost of goods sold is 75% of sales. The company desires an ending merchandise inventory equal to 75% of the cost of goods sold in the following month. Payment for merchandise is made in the month following the purchase. Other monthly expenses to be paid in cash are $20,700. Monthly depreciation is $20,500. Ignore taxes. . . Balance Sheet October 31 Assets Accounts receivable Merchandise inventory Property, plant and equipment (net of $591,000 accumulated depreciation) Total assets $ 21,500 32,500 180,000 1,001,000 51.285.000 Liabilities and stockholders' Equity Accounts payable Common stock Retained earnings Total abilities and stockholders' equity $ 195.500 560.000 529,500 $1,285,000 Required: a. Prepare a Schedule of Expected Cash Collections for November and December b. Prepare a Merchandise Purchases Budget for November and December c. Prepare Cash Budgets for November and December d. Prepare Budgeted Income Statements for November and December e. Prepare a Budgeted Balance Sheet for the end of December Complete this question by entering your answers in the tabs below. Required A Required B Required C Required Required Prepare a Merchandise Purchases Budget for November and December November December Budgeted cost of goods sold Total needs Required purchases Weller Industrial Gas Corporation supplies acetylene and other compressed gases to Industry. Data regarding the store's operations follow Sales are budgeted at $320,000 for November, $340,000 for December, and $330,000 for January Collections are expected to be 70% in the month of sale and 30% in the month following the sale. The cost of goods sold is 75% of sales. The company desires an ending merchandise inventory equal to 75% of the cost of goods sold in the following month. Payment for merchandise is made in the month following the purchase. Other monthly expenses to be paid in cash are $20,700. Monthly depreciation is $20,500, Ignore taxes. Balance Sheet October 31 Assets Accounts receivable Merchandise inventory Property, plant and equipment (net of $591,000 accumulated depreciation) Total asets 21,500 82,500 180,000 1.001.000 51,285,000 Liabilities and Stockholders' Equity Accounts payable Connon stock Retained earnings Total liabilities and stockholders' equity $ 195,500 560,000 529,500 $1,285,000 Required: a. Prepare a Schedule of Expected Cash Collections for November and December b. Prepare a Merchandise Purchases Budget for November and December c. Prepare Cash Budgets for November and December d. Prepare Budgeted Income Statements for November and December, e. Prepare a Budgeted Balance Sheet for the end of December Complete this question by entering your answers in the tabs below. Required A Required Required Required D Required E Prepare a Budgeted Balance Sheet for the end of December Balance Sheet December 31 Assels Cash Accounts receivable Inventory Property, plant and equipment not of accumulated depreciation) Total assets Liabities and Stockholders' Equity Accounts payable Common stock Retained Gamings Total liabilities and stockholders' equity