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

• Sales are budgeted at $340,000 for November, $360,000 for December, and $350,000 for January.
• Collections are expected to be 75% in the month of sale and 25% in the month following the sale.
• The cost of goods sold is 68% of sales.
• The company desires an ending merchandise inventory equal to 80% of the cost of goods sold in the following month.
• Payment for merchandise is made in the month following the purchase.
• Other monthly expenses to be paid in cash are $22,200.
• Monthly depreciation is $22,000.
• Ignore taxes.

Balance Sheet October 31
Assets
Cash	$	23,000
Accounts receivable		84,000
Merchandise inventory		184,960
Property, plant and equipment (net of $604,000 accumulated depreciation)		1,014,000
Total assets	$	1,305,960
Liabilities and Stockholders' Equity
Accounts payable	$	197,000
Common stock		940,000
Retained earnings		168,960
Total liabilities and stockholders' equity	$	1,305,960

Required:

Finish a. Prepare a Schedule of Expected Cash Collections for November and December.

Finish b. Prepare a Merchandise Purchases Budget for November and December.

Need help c. Prepare Cash Budgets for November and December.

Need help d. Prepare Budgeted Income Statements for November and December.

Need help e. Prepare a Budgeted Balance Sheet for the end of December.

November December Cash disbursements for merchandise Other monthly cash expenses Total cash disbursements $ 0 0 Beginning cash balance Add cash receipts Total cash available 0 0 Less cash disbursements 0 0 Excess (deficiency) of cash available over disbursements Financing Ending cash balance 0 0 November December Sales 0 0 Cost of goods sold Gross margin Other monthly expenses Depreciation Net operating income $ 0 $ 0 Balance Sheet December 31 Assets Cash Accounts receivable Inventory Property, plant and equipment (net of accumulated depreciation) Total assets 0 Liabilities and Stockholders' Equity Accounts payable Common stock Retained earnings Total liabilities and stockholders' equity $ 0