please explain asnwers on format and thoroughly

Palladium Ltd. is looking to update their cash budget for January to April time period. Based on the information below prepare the companies cash budget.

- Palladium Ltd is a new business that anticipates sales of $20,000 in January, with anticipated growth of 5% per month; the sales are 40% credit and 60% cash; all sales terms are net 60 days.

- COGS is 25% of sales; terms of purchase are 30 days

-Expenses are 35% of sales; paid in the month they are incurred

- In March, the company pays $25,000 cash for new equipment

- The opening cash balance is $5,000

- No minimum cash balance is required

What recommendations would you provide based on the results of this cash budget