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

	Sales are budgeted at $330,000 for November, $350,000 for December, and $340,000 for January.
	Collections are expected to be 70% in the month of sale, 26% in the month following the sale, and 4% uncollectible.
	The cost of goods sold is 67% of sales.
	The company desires ending merchandise inventory to equal 85% of the following month's cost of goods sold. Payment for merchandise is made in the month following the purchase.
	Other monthly expenses to be paid in cash are $21,900.
	Monthly depreciation is $16,900.
	Ignore taxes.

Balance Sheet October 31
Assets
Cash	$	22,900
Accounts receivable (net of allowance for uncollectible accounts)		82,900
Merchandise Inventory		187,935
Property, plant and equipment (net of $667,000 accumulated depreciation)		1,170,000
Total assets	$	1,463,735
Liabilities and Stockholders Equity
Accounts payable	$	199,900
Common stock		930,000
Retained earnings		333,835
Total liabilities and stockholders equity	$	1,463,735

Required:

a.	Prepare a Schedule of Expected Cash Collections for November and December. (Omit the "$" sign in your response.)

Welnor Industrial Gas Corporation Schedule of Expected Cash Collections
	November	December
Sales	$	$
Schedule of Expected Cash Collections
Accounts receivable	$
November sales		$
December sales
Total cash collections	$	$

b.	Prepare a Merchandise Purchases Budget for November and December. (Input all amounts as positive values. Do not round intermediate calculations. Omit the "$" sign in your response.)

Welnor Industrial Gas Corporation Merchandise Purchases Budget
	November	December
Budgeted cost of goods sold	$	$
(Click to select)DeductAdd: (Click to select)Desired ending merchandising inventoryBeginning merchandise inventory
Total needs
(Click to select)AddDeduct: (Click to select)Desired ending merchandising inventoryBeginning merchandise inventory
Required purchase	$	$

c.	Prepare Cash Budgets for November and December. (Leave no cells blank - be certain to enter "0" wherever required. Input all amounts as positive values. Omit the "$" sign in your response.)

Welnor Industrial Gas Corporation Cash Budget
	November	December
Cash disbursements for merchandise	$	$
Other monthly cash expenses
Total cash disbursements	$	$
Cash balance, beginning	$	$
Add cash receipts
Total cash available
Less cash disbursement
Excess (deficiency) of cash available over disbursements
Financing
Cash balance, ending	$	$

d.	Prepare Budgeted Income Statements for November and December. (Input all amounts as positive values. Omit the "$" sign in your response.)

Welnor Industrial Gas Corporation Budgeted Income Statement
	November	December
(Click to select)Gross marginDepreciationSalesBad debt expenseNet operating incomeCost of goods soldOther monthly expenses	$	$
(Click to select)Gross marginCost of goods soldDepreciationNet operating incomeOther monthly expensesAccounts payableSales
(Click to select)Net operating incomeSalesOther monthly expensesDepreciationAccounts payableGross marginCost of goods sold
(Click to select)DepreciationSalesOther monthly expensesNet operating incomeCost of goods soldBad debt expenseGross margin
(Click to select)Bad debt expenseSalesOther monthly expensesNet operating incomeCost of goods soldInventoryGross margin
(Click to select)Gross marginSalesCost of goods soldDepreciationNet operating incomeInventoryBad debt expense
(Click to select)DepreciationOther monthly expensesSalesNet operating incomeCost of goods soldBad debt expenseGross margin	$	$
Please show how answers were calculated. Please only answer if you can help with all not just part of the questions. This is the second time I Have poseted this and I got wrong or imcomplete answers. Thank you so much in advance if you are able to help.