please leave notes on where the calculation came from. much appreciated.

1. Bocade Company, a retailer of camping supplies has budgeted activity for January using the following data: Cash sales $25,000 Credit sales (60% collected in month of 380,000 sale) Selling and administrative costs (including 50,000 depreciation) Depreciation expense 5,000 Merchandise Inventory, January 1 21,000 Merchandise Inventory, January 31 20,000 Beginning cash balance 3,000 Minimum cash balance required 2,500 Cost of goods sold is 55% of Cooper's selling price All purchases are paid in cash Selling and administrative costs are paid in month of purchase Required Prepare a cash budget for January