struggling need help solving

You are the Business Manager of Garden Sales, Inc and the bank has asked you to prepare a cash and eamings budget/forecast and Pro-Forma Balance Sheet and Income Statement for the next quarter. After your discussion with the various departments, you have come up with the following information/assumptions: - November 2022 and December 2022 sales were $105,000, each month - Sales for the following three months will decrease by $1,000 each month, beginning January through April. Cost of Goods Sold represents 60% of sales, each month. - Cash Operating Expenses are 20% of sales, exclusive of Depreciation expense - Depreciation Expense is $3,000, per month and prepaid rent is amortized at $1,200 per month of the month's sales, 30% is collected as cash with the remaining placed on customer's account. * Customer's accounts are usually paid off over a 2 month period ( 50% each month) beginning the month following the sale - The CFO just informed you that one customer has filed bankruptcy therefore, \$5,500 from Nov AVR Sales will be written off in Jan to Bad Debt Exp. - To maintain sufficient inventory, the company purchases 100% of the next month's cost of sales. They pay for 60%, in cash, in the month they purchase and pay the remaining 40% in the following month. - In March, the company is planning on replacing an outdated machine. The new machine will cost $30,000. The old machine originally cost $12,000, with a Net Book Value of $5,000 and will be sold for $3,000. - The Company does not pay or accrue for taxes until the end of December. - The Company plans to pay a cash dividend of $10,000 at the end of March. - Assume all operating expenses incurred during the month are paid, in cash, during the same month incurred - The Note Payable requires a principal payment of $8,300, plus interest of $800, at the end of March. For this note, no interest is Accrued/Expensed until interest is paid - The minimum cash month end balance required according to the bank agreement is $60,000 for any given month beginning Jan 31,2023. - A working capital line of credit is avallable, up to $50,000, and if needed, money is taken out at the beginning of the month. Interest is 1% per month. Interest is paid on the working capital line when principal payments are paid on the debt; at the end of any given month terest is accrued on the working capital line effective the beginning of the month when money is received. Prepare a detailed Cash Budget/Forecast for each month of Jan, Feb and March, 2023 Prepare an Income Statement for each period Jan-Mar 2023 (in good form) Prepare a Balance Sheet as of March 31, 2023 (in good form)