I just need help with the last two!

Nordic Company Balance Sheet March 31, 2020 Assets Cash Accounts Receivable Inventory Buildings & equipment (net) $17,100 $91,200 $23,940 $406,790 $539,030 Total Assets $34,770 Liabilities & Owners' Equity Liabilities Accounts Payable Owners' Equity Capital Stock Retained earnings $361,000 $143,260 Total liab. & Owners' equity $539,030 Clue #1- Sales Budget The marketing department has estimated sales in units as follows: March (actual) 22,800 April 26,600 May 32,300 June 34,200 July 19,000 The selling price of each unit is $5. What are the total sales budgeted for the second quarter? Clue #2- Cash Collections Schedule Sales are 20% for cash and 80% on credit. All payments on credit sales are collected in the month following the sale. The accounts receivable at March 31 are a result of March credit sales. . What is the expected amount of cash to be collected in June? (Hint: You may want to calculate April and May also to help you later in the race.) Clue #3- Accounts Receivable What is the budgeted accounts receivable amount for June 30th? A Question 5 (5 points) Clue #4- Merchandise Purchases Budget The company's gross margin percentage is 40% of sales (i.e. cost of goods sold is 60% of sales). Each month's inventory should equal 30% of the following month's cost of goods sold. Beginning inventory has been given to you. What are total required purchases for June? Question 6 (5 points) Clue #5- Cash Disbursements for Purchases Half of a month's inventory purchases are paid for in the month of purchase and half in the following month. Accounts payable for March 31 have been given to you. What are total expected cash disbursements for purchase of inventory for the month of June