Harris Ltd is a manufacturing company that produces Juice from apple fruits. Its sales revenues and related expenses are presented quarterly and annually as follows: in Rwf’000
Quarters	1	2	3	4
Sales revenue	230,000	480,000	740,000	520,000
Operating expenses	294,500	492,000	604,000	398,500
Taxes 18,000 annually
Dividends paid is 10,000 annually
The company has to keep a minimum of ending cash balance of 40,000
Required: prepare quarterly cash budget and annual budget and provide explanations step by step.