please complete all requirements

Data table a. Capital expenditures include $45,000 for new manufacturing equipment to be purchased and paid in the first quarter. b. Cash receipts are 75% of sales in the quarter of the sale and 25% in the quarter following the sale. c. Direct materials purchases are paid 60% in the quarter purchased and 40% in the next quarter. d. Direct labor, manufacturing overhead, and selling and administrative costs are paid in the quarter incurred. e. Income tax expense for the first quarter is projected at $50,000 and is paid in the quarter incurred. f. Sosa Company expects to have adequate cash funds and does not anticipate borrowing in the first quarter. g. The December 31,2023 , balance in Cash is $30,000, in Accounts Receivable is $22,500, and in Accounts Payable is $10,500. Requirements 1. Prepare Sosa Company's schedule of cash receipts from customers and schedule of cash payments for the first quarter of 2024. 2. Prepare Sosa Company's cash budget for the first quarter of 2024. Sosa Company has provided the following budget information for the first quarter of 2024 : (Click the icon to view the budget information.) Additional data related to the first quarter of 2024 for Sosa Company: (i) (Click the icon to view the data.) Requirement 1. Prepare Sosa Company's schedule of cash receipts from customers and schedule of cash payments for the first quarter of 2024. Begin by preparing the schedule of eash receipts from customers for the first quarter of 2024. Prepare the schedule of cash payments for the first quarter of 2024