Weldon Industrial Gas Corporation supplies acetylene and other compressed gases to industry. Data regarding the store's operations follow:

The company sells each unit for $45.

Budgeted Sales:

Month	October	November	December	January
Sales in Units	30,000	25,000	40,000	30,000

Collections are expected to be 70% in the month of sale, 30% in the month following the sale.

The A/R balance at September 30th will be collected in full in October.

The cost of the merchandise is $32 per unit.

In addition to meeting the current months sales demand, management wants to maintain and ending inventory balance of 10% of the next months sales.

The ending inventory balance at September 30th is 2,625 units.

Payment for merchandise is made as follows: paid in the month of the purchase, paid the month following the purchase.

The A/P balance at September 30th will be paid in full in October.

Other monthly expenses to be paid in cash are $300,000.

	Balance Sheet
	September 30
	Assets
	Cash.............................................................................................	$ 16,000
	Accounts receivable.....................................................................	250,000
	Inventory......................................................................................	84,000
	Property, plant and equipment (net of $500,000 accumulated depreciation)............................	980,400
	Total assets...................................................................................	$1,330,400
	Liabilities and Stockholders Equity
	Accounts payable.........................................................................	$ 42,000
	Common stock.............................................................................	840,000
	Retained earnings.........................................................................	448,400
	Total liabilities and stockholders equity.....................................	$1,330,400

Required:

a. prepare sales budget for october, november, december.

b.Prepare a Schedule of Expected Cash Collections for October, November and December.

c.Prepare a Merchandise Purchases Budget for October, November and December.

d.Prepare a Schedule of Expected Cash Disbursements for October, November and December.

e.Prepare Cash Budgets for October, November and December.