no need explanation, thank you.

Washington Gas Corporation supplies acetylene and other compressed gases to industry. Data regarding the store's operations follow: Sales are budgeted at P320,000 for November, P340,000 for December, and P330,000 for January. Collections are expected to be 75% in the month of sale, 20% in the month following the sale, and 5% uncollectible. The cost of goods sold is 65% of sales. The company purchases 80% of its merchandise in the month prior to the month of sale and 20% in the month of sale. Payment for merchandise is made in the month following the purchase. Other monthly expenses to be paid in cash are P21,000. Monthly depreciation is P16,000. Ignore taxes. Statement of Financial Position October 31 Assets Cash P22,000 Accounts receivable (net of allowance for 82,000 uncollectible accounts) Inventory 166,400 Property, plant, and equipment (net of P658,000 accumulated depreciation) 1,170,000 Total assets P1,440,400 Liabilities and Stockholders' Equity Accounts payable P199,000 Common stock 840,000 Retained earnings 401,4001 Total liabilities and stockholders' equity P1,440,400 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