**I do know that the first question is correct as it lets me check my work. I just cannot figure out how to get the last parts of the second question.**

Bult-Tght is preparing its master budget for the quarter ended September 30, 2015. Budgeted sales and cash payments for product costs for the quarter follow July August September $ 60,500 76,500 51,500 Budgeted sales Budgeted cash payments for Direct materlals Direct labor Factory overhead 16,860 4,740 20,900 14,140 4,060 17,500 14,460 4,140 17,900 Sales are 30% cash and 70% on credit. All credit sales are collected in the month following the sale. The June 30 balance sheet Includes balances of $15,000 In cash; $45,700 In accounts recelvable; $5,200 In accounts payable; and a $5,700 balance In loans payable. A minlmum cash balance of $15,000 is requlred. Loans are obtained at the end of any month when a cash shortage occurs. Interest is 1% per month based on the beginning of the month loan balance and is pald at each month-end. If an excess balance of cash exists, loans are repald at the end of the month. Operating expenses are pald In the month Incurred and consist of sales commissions (10% of sales), office salaries ($4,700 per month, and rent ($7200 per month)