*solve a and b in the below question * . Provide the detailed steps.

The following is the sales budget (in millions) for Swan Inc. for the next four quarters: Sales for the first quarter of the year after this one are projected at $205 million. Accounts receivable at the beginning of the year were $70 million. Swan has a 45 -day collection period. Swan's purchases from suppliers in a quarter are equal to 50 percent of the next quarter's forecast sales, and suppliers are normally paid in 36 days. Wages, taxes, and other expenses run about 20 percent of sales. Interest and dividends are $18 million per quarter. Swan plans a major capital outlay in the second quarter of $94 million. Finally, the company started the year with a $83 million cash balance and wishes to maintain a $30 million minimum balance. a) Complete a cash budget for Swan by filling in the following: b) Assume that Swan can borrow any needed funds on a short-term basis at a rate of 3 percent per quarter and can invest any excess funds in short-term marketable securities at a rate of 2 percent per quarter. Prepare a short-term financial plan by filing in the following schedule. What is the net cash cost (total interest paid minus total investment income earned) for the year