(Question 2) Lestari Indah Sdn. Bhd. is a company that produces stationary. The company prepares its financial budgets quarterly. The following information is available for the months of September to December 2020: August Sept Oct Nov Dec RM RM RM RM RM Cash Sales 34,000 32,500 29,400 35,500 29,200 Credit sales 200,010 240,111 113,010 98,010 183,000 Purchases 150,000 112,000 204,000 190,500 120,700 Wages and salaries 56,000 57,000 59.000 58,000 60,000 Overhead expenses 58,500 57,800 59,900 60,900 65,000 Additional information: (1) It is estimated that two third of debtors will be paying in the month following sales. The remaining one third of credit sales will be collected in two months after sales with no discount () 40% of the purchases will be settled in the month of purchase. 30% of the purchases will be paid one month after the purchase. Then, the remaining balance will be settled in two months after the purchase with no discount. (ii) Payments for overhead expenses are made in the month they are incurred. Included in the overhead expenses is a monthly depreciation of RM15,500. (iv) Wages and salaries are paid in the month they incurred. (v) In December 2020, the company will receive an income from dividend amounting to RM30,000 cash. (vi) The cash balance on 31 September 2020 is expected to be RM 109,200. Required: Prepare a monthly cash budget for October, November, and December 2020