Please help with part G and H in this question. I'm sending the whole question just so you have all the information. Please explain answer

o co "pleted everything 100.00 points considering opening a new October 2015. The company president fo a planning committee to a budget for the first three months of operation. As budget coordinator you have been assigned the following tasks. Required a. & b. October sales are estimated to be $250,000, of which 40 percent will be cash and 60 percent will be credit. The company expects sales to increase at the rate of 8 percent per month. The company expects to collect 100 percent of the accounts receivable generated by credit sales in the month following the sale. Prepare a sales budget and a schedule of cash receipts. Answer is complete and correct October November December Sales Budget Cash sales 100,000 108,000V 116,64 S Sales on account 150,000 162,000 174,960v Total budgeted sales 250,000 270,000 291,600 Schedule of Cash Receipts Current cash sales 100,000 S 108,000 116,640 Plus collections from AVR 150,000V 162,000M Total collections 100,000 258,000 278,640