please help with showing formulas on how answer was arrived at

Developing a Master Budget for a Merchandising Organization Peyton Department Store prepares budgets quarterly. The following information is available for use in planning the second quarter budgets for 2010 PEYTON DEPARTMENT STORE Balance Sheet March 31, 2010 Assets Cash Accounts receivable 25,000 Inventory Prepaid Insurance2,000 Fixtures Total assets Liabilities and Stockholders' Equity 26,000 17,000 1,000 40,000 $2,000 Accounts payable Dividends payable 30,000 Rent payable Stockholders' equity 25,000 84,000 lities and equity $84,000 Actual and forecasted sales for selected months in 2010 are as follows January February March April May Month Sales Revenue $70,000 50,000 40,000 50,000 60,000 70,000 90,000 80,000 ne July August