please calculate these, mainly accounts payable one and show steps. thanks

E9-27 Village Hardware is a retail hardware store. Information about the store's operations follows. November 20x4 sales amounted to $400,000. Sales are budgeted at $440,000 for December 20x4 and $400,000 for January 20x5. Collections are expected to be 60 percent in the month of sale and 38 percent in the month following the sale. Two percent of sales are expected to be uncollectible. Bad debts expense is recognized monthly. The store's gross margin is 25 percent of its sales revenue. A total of 80 percent of the merchandise for resale is purchased in the month prior to the month of sale, and 20 percent is purchased in the month of sale. Payment for merchandise is made in the month following the purchase. . 56 E9-27: Solution Calculate budgeted cash collections for December 20x4 . . Calculate budgeted income (loss) for December 20x4 E9-27: Solution Calculate the projected balance in accounts payable December 31, 20x4 on E9-27: Solution kad kadi