I do not understand this at all please explain how to come up with answers. how to identify what to do.

Oneida Company's operations began in August. August sales were $215,000 and purchases were $125,000. The beginning cash balance for september is $5,000. Oneida's owner approaches the bank for a $100,000 loan to be made on September 2 and repaid on November 30. The bank's loan officer asks the owner to prepare monthly cash budgets. Its budgeted sales, merchandise purchases, and cash payments for other expenses for the next three months follow. September $ 250,000 240,000 October $ 375,000 225,000 November $ 400,000 200,000 Budgeted Sales Merchandise purchases Cash payments Salaries Rent Insurance Repayment of loan Interest on loan 30,000 10.000 4,000 30,000 10,000 4,000 30,000 10,000 4,000 100,000 1,000 1,000 1,000 All sales are on credit where 70% of credit sales are collected in the month following the sale, and the remaining 30% collected in the second month following the sale. All merchandise is purchased on credit: 80% of the balance is paid in the month following a purchase, and the remaining 20% is paid in the second month. Required: Prepare the following for the months of September, October, and November 1. Schedule of cash receipts from sales. 2. Schedule of cash payments for direct materials. 3. Cash budget Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 ale of cash receipts from sales. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 Prepare the schedule of cash receipts from sales. ONEIDA COMPANY Schedule of Cash Receipts from Sales September October $ 250,000 $ 375,000 November Sales S 400,000 $ 75,000 Cash receipts from Prior period sales Two periods prior sales Total cash receipts X X $ 75,000 $ 0 0 Required 2 > "Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted. Required 1 Required 2 Required 3 Prepare the schedule of cash payments for direct materials. ONEIDA COMPANY November $ 200 000 Schedule of Cash Payments for Direct Materials September October Materials purchases $ 240,000 $ 225.000 Cash payments for Prior period purchases Two periods prior purchases Total cash payments $ 0 $ 0 X x X X $ 0 Red text indicates no response was expected in a cell or a formula-based calculation is incorrect; no points deducted. pe here to search o Htc ||| Required 1 Required 2. Required 3 Prepare the cash budget. ONEIDA COMPANY Cash Budget October September $ 5.000 November $ 88,000 Beginning balance $ 110,500 Total cash available 5,000 110 500 88,000 Less: Cash payments for X X X X X X X X X X X X X X X 0 0 0 X X Total cash payments Preliminary cash balance Loan activity Additional loan Repayment of loan Ending cash balance x X X X