I only need e completed please.

Esquire Products Inc. expects the following monthly sales 3,000 July 5 30,000 34,000 37,000 42,000 50,000 32,000 February 27,000 August 20,000 September 22,000 October 18,000 November 14,000 December Total sales $380,000 Cash sales are 40 percent in a given month, with the remainder going into accounts receivable. All receivables are collected in the month following the sale. Esquire sells all of its goods for $2 each and produces them for 1 each. Esquire uses level production, and average monthly production is equal to annual production divided by 12. a. Generate a monthhy production and inventory schedule in units. Beginning inventory in January is 20,000 units Esquire Products Inc. Production and Inventory Schedule in Units BeginningProduction 20,000 17,000 18,500 23,500 27,500 34,500 42,500 42,500 40,500 37,000 31,000 21,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 15,000 18,000 13,500 0,000 11,000 8,000 7,000 15,000 7,000 18,500 21,000 25,000 6,000 17,000 18,500 23,500 27,500 34,500 42,500 42,500 40,500 37,000 31,000 21,000 20,000 February March May June Juty b. Prepare a cash receipts schedule for January through December. Assume that dollar sales in the prior December were $20,000 Esquire Products Inc. Cash Receipts Schedule February March April June Sales Cash receipts Cash sales Prior month's credit sales Total cash receipts 5 3,000 27,000 20,000 22,000 5 16,000 14,000 8,000 18,200 514,400 10,800 S 5,800 9,800 $ 26,400|$ 32,400 IS 24.20015 20.800|$ 19,600|S 15,200 8,800 $ 2,000 6,400 $ 13,200 2,000 21,800 Esquire Products Inc. Cash Receipts Schedule July 5 30,000 34,000 37,000 4,00 50,000 32,000 Sales Cash receipts Cash sales Prior month's credit sales Total cash receipts 5 2,00 13,800 14,800,80 20,000 2,800 30,000 20,400 ,35,800 39,00045,200 42,800 8,400 18,000 20,800 22,200 25,200 c. Prepare a cash payments schedule for January through December. The production costs (51 per unit produced) are paid for in the month in which they occur. Other cash payments (besides those for production costs) are $8,200 per month. Esquire Products Inc. Cash Payments Schedule Constant production March April June Production cost Other cash payments Total cash payments 15,000 15,000 ,00015,000 5,0015,000 8,200 5 23,200 23,200 23,200 23,200 23,200 23,200 8,200 8,200 8,200 8,200 8,200 Esquire Products Inc. Cash Payments Schedule Constant production July Production cost Other cash payments Total cash payments 5 15,00 5,000 15,00 5, 15,000 15,000 8,200 5 23,200 23,20023,200 23,200 23,200 23,200 8,200 8,200 8,200 8,200 8,200 d. Construct a cash budget for January through December using the cash receipts schedule from part b and the cash payments schedule from part c. The beginning cash balance is $3,000, which is also the minimum desired. (Negative amounts should be indicated by a minus sign.) Esquire Products Inc. Cash Budget February March April June Beginning cash Net cash flow Cumulative cash balance Monthly loan or 6,200 $ 15,400 18,400 4,0010,400 (8,000) 2,400 800 3,000 800 3,000 5 3,200 6,200 15,400 16,400 14,00 10,400 S 9,200 ,000 (2,400) (3,800) ,200 15,40D16,400S Ending cash balance Cumulative loan balance 14,000 $ 10,400 $ Esquire Products Inc. Cash Budget July 3,000 S 8,400 8,000 20,000 35,800$ Beginning cash Net cash flow Cumulative cash balance Monthly loan or 3,000 5 7,800 19,800 57,800 77,400 (2,800) 2,000 200 $1,40 20,000 15,800 22,000 2,800 3,000 3,400 S (34,000) 57,80$77,400 Ending cash balance Cumulative loan balance o S or $ e. Determine total current assets for each month. Include cash, accounts receivable, and inventory. The accounts receivable for a given month is equal to 80 perent of that month's sales Inventory is equal to ending inventory (part a) times the cost of $1 per unit. Esquire Products Inc. Assets Accounts Receivable Total Current Assets Cash Inventory January February March April May June August September October November December