please help me with this question. My answers are not totally correct. Thank you

Aztec Company sells its product for $150 per unit. Its actual and budgeted sales follow. May (Actual) June (Budget) July (Budget) August (Budget) Sales unita 2,800 4,500 3,500 4,200 Sales dollars $ 420,000 $ 675,000 $ 525,000 $ 630,000 All sales are on credit. Collections are as follows: 28% is collected in the month of the sale, and the remaining 72% is collected in the month following the sale. Merchandise purchases cost $110 per unit. For those purchases, 60% is paid in the month of purchase and the other 40% is paid in the month following purchase. The company has a policy to maintain an ending monthly inventory of 20% of the next month's unit sales. The May 31 actual inventory level of 900 units is consistent with this policy. Selling and administrative expenses of $148,000 per month are paid in cash. The company's minimum cash balance at month-end is $130,000. Loans are obtained at the end of any month when the preliminary cash balance is below $130,000. Any preliminary cash balance above $130,000 is used to repay loans at month-end. This loan has a 15% monthly interest rate. On May 31, the loan balance is $32,000, and the company's cash balance is $130,000. Required: 1. Prepare a schedule of dish receipts from sales for each of the months of June and July 2. Prepare the merchandise purchases budget for June and July. 3. Prepare a schedule of cash payments for merchandise purchases for June and July. Assume May's budgeted merchandise purchases is $345.400. 4. Prepare a cash budget for June and July, including any loan activity and interest expense. Compute the loan balance at the end of each month. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare a schedule of cash receipts from sales for each of the months of June and July. AZTEC COMPANY Schedule of Cash Receipts from Sales May June July Sales $ 420,000 $ 675,000 $ 525,000 Cash receipts from: Collections of current period sales Collections of prior period sales Total cash receipts $ $ 0 0 Roqulrad 1 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare the merchandise purchases budget for June and July. AZTEC COMPANY Merchandise Purchases Budgets June July Budgeted sales units 4,500 3,500 Calculation of desired ending inventory Next period budgeted sales units Ratio of inventory to future sale Add: Desired ending inventory 700 840 Total required units 5,200 4,340 900 700 Units to purchase 4,300 3,640 Cost per unit $ 110 $ 110 Cost of merchandise purchases $ 473,000 $ 400,400 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Required 4 Prepare a schedule of cash payments for merchandise purchases for June and July. Assume May's budgeted merchandise purchases is $345,400. AZTEC COMPANY Schedule of Cash Payments for Merchandise Purchases May June July Merchandise purchases $ 473,000 $ 400,400 Cash payments for Current period purchases $ 138,160 $ 189,200 Prior period purchases 283,800 240,240 Total cash payments for merch. purchases $ 421,960 $ 429,440 Prepare a cash budget for June and July, including any loan activity and interest expense. Compute the loan balance at the end of each month. (Negative balances and Loan repayment amounts (if any) should be indicated with minus sign. Round your answers to the nearest whole dollars.) July AZTEC COMPANY Cash Budget June and July June Beginning cash balance $ 130,000 Add: Cash receipts from sales 491,400 Total cash available 621,400 Less: Cash payments for Merchandise purchases 421,960 Selling and administrative expenses 148,000 633,000 429,440 148,000 569,960 577.440 Total cash payments Preliminary cash balance Additional loan (loan repayment) Ending cash balance $ 0 $ 0 Loan balance June July Loan balance - Beginning of month Additional loan (loan repayment) Loan balance - End of month