please do it in detail with full proper solution... I'll give you up thumb definitely

Instructions: Solve each exercise with full calculations, create tables or schedules with all answers. Do not show only answers. Exercise 1 Textiles Inc. has generated $185,000 in sales during the past few months, and it is expected that this level of sales will continue for the next year. Based on past experience, 30 percent of the sales will be collected in the month of the sale, and these customers will take the 2 percent cash discount that is offered for early payment. The remaining 70 percent of the sales will be collected one month after the sale. Textiles normally purchases and pays for raw materials, which cost 55 percent of the sales prices, in the same month the finished goods are sold. Employees' wages represent 25 percent of the sales price, and monthly rent is $25,000. The company currently has no cash, but its target cash balance is $9,000. Construct Textiles' cash budget for the next three months