Please solve requirement 1. Thank you!

Humble Company has provided the following budget information for the first quarter of 2018 : Additional data related to the first quarter of 2018 for Humble Company (Click the icon to view the budget information.) (Click the icon fo view the data.) Read the tequirements. Requirement 1. Prepare Humble Company's schedule of cash receipts from customers and schedule of cash payments for the first quarter of 2018 . Begin by preparing the schedule of cash receipts from customers for the frist quarter of 2018. Humble Company has provided the following budget information for the first quarter of 2018 : (Click the icon to view the budget information.) Additional data related to the first quarter of 2018 for Humble Cormparyy [Click the icon to view the data) Read the teguirerments: Data table More info Captal expenditures include $37,000 for new manulacturing epupment to be a. purchased and paid in the finst quarter. Cosh receipts are 65% of sales in the quarter of the sale and 33% in the b. quarter following the sale. Dinct materials purchases are paid 70% in the quartar purchased and 30% it c. the next quarter. Diect labor, manutacturing overhead, and seling and administrative costs are d. paid in the quarter incurred. Income tax expense for the first quarter is projected at $41.000 and is palid in 6. the quarter incurred Humble Company expects to have adequate cash funds and does not f. antipate borrowiog in the frot quarter. The December 31, 2017, balance in Cash is 532,000, in Accounts Receivable 9. is \$17,900, and in Aceounte Payable is $12,800