Wheeling Company is a merchandiser that provided a balance sheet as of September $30$ as shown below:

$\backslash$table$[[\backslash$table$[[$Wheeling Company$],[$Balance Sheet$],[$September $30]]],[,],[$Assets$,$$$69,400$

Using the information provided, calculate or prepare the following for October:

a$.$ The budgeted cash collections.

b$.$ The budgeted merchandise purchases.

c$.$ The budgeted cash disbursements for merchandise purchases.

d$.$ The budgeted net operating income.

e$.$ An$-$end$-$of$-$month budgeted balance sheet.

Assume the following changes to the underlying budgeting assumptions:

$50\%$ of a month's credit sales are collected in the month the sales are made and the remaining $50\%$ are collected in the following month

The ending merchandise inventory is always $10\%$ of the following month's cost of goods sold

$20\%$ of all purchases are paid for in the month of purchase and $80\%$ are paid for in the following month.

Using these new assumptions, calculate or prepare the following for October:

a$.$ The budgeted cash collections.

b$.$ The budgeted merchandise purchases.

c$.$ The budgeted cash disbursements for merchandise purchases.

d$.$ Net operating income.

e$.$ An end$-$of$-$month budgeted balance sheet.