I need help with this question. This problem needs to be done on excel.

CASH BUDGETINGHelen Bowers, owner of Helen's Fashion Designs, is planning to request a line of credit from her bank. She has estimated the following sales forecasts for the firm for parts of 2019 and 2020:

May 2019 $180,000

June 180,000

July 360,000

August 540,000

September 720,000

October 360,000

November 360,000

December 90,000

Janaury 2020 180,000

Estimates regarding payments obtained from the credit department are as follows: collected within the month of sale, 10%; collected the month following the sale, 75%; collected the second month following the sale, 15%. Payments for labor and raw materials are made the month after these services were provided. Here are the estimated costs of labor plus raw materials:

May 2019 $90,000

June 90,000

July 126,000

August 882,000

September 306,000

October 234,000

November 162,000

December 90,000

General and administrative salaries are approximately $27,000 a month. Lease payments under long-term leases are $9,000 a month. Depreciation charges are $36,000 a month. Miscellaneous expenses are $2,700 a month. Income tax payments of $63,000 are due in September and December. A progress payment of $180,000 on a new design studio must be paid in October. Cash on hand on July 1 will be $132,000, and a minimum cash balance of $90,000 should be maintained throughout the cash budget period.

A)Can you help me prepare a monthly cash budget for the last 6 months of 2019.

B) can you help me Prepare monthly estimates of the required financing or excess fundsthat is, the amount of money Bowers will need to borrow or will have available to invest.

This is all one problem and has to be done using excel. Can you please help me?