Please explain one by one with formula and how to do it in excel

2. Precise Speed Inc., a laser printer manufacturer, has the following forecasted sales for 2018: January February March April May June July $200.000 $350.000 $450.000 $350.000 $250.000 $200.000 $300.000 Actual sales in November and December 2017 were $375,000 and 266,667, respectively. Sixty percent of sales are on credit. The firm collects 60% of these credit sales during the first after the sale and the remainder during the following second month. Purchases constitute 60% of the next month's sales. The company pays 50% during the first month after the purchase was made and the remainder in the next month. Wages, taxes and other expenses are expected to be 30% of forecasted sales. A major capital expenditure of $70,000 is expected in March. Interest payments are expected to be $30,000 every month and the company needs a minimum cash balance of $25,000. The beginning cash balance is $30,000. a) Using the Bithlo Barbecues' simple cash budget example from Chapter 4, help the financial staff of Precise Speed Inc., to prepare their cash budget for January to June 2018