Use the following information to answer questions 10 - 15: Dilbert Farm Supply is located in a small town in the rural west.

Please explain answers - do questions 9-18 in attachment.Use the following information to answer questions 10 - 15:Dilbert Farm Supply is located in a small town in the rural west. Dataregarding the store’s operations follows:Sales are budgeted at $260,000 for November, $230,000 for December, and$210,000 for January.Collections are expected to be 80% in the month of sale, 19% in themonth following the sale, and 1% uncollectible.The cost of goods sold is 65% of salesThe company purchases 60% of its merchandise in the month prior to themonth of sale and 40% in the month of sale. Payment for merchandise ismade in the month following the purchase.Other monthly expenses to be paid in cash are $20,300.Monthly depreciation is $20,000.Ignore taxes.Statement of Financial Position