REQUIRED Study the cash budget and additional information provided below and then answer the following questions: 4. 1. Calculate the total budgeted sales for March 2024. 4.1.2 Comment on the cash budget and provide recommendations, where applicable. (2 marks) (8 marks) April (R) 2 160 000 960 000 1200 000 0 0 (3 540000) 820 000 880 000 200000 840 000 160 000 640 000 (1 380 000) 1( 116 000) (2 496 000) INFORMATION SOLARIS ENTERPRISES CASH BUDGET FOR PERIOD 01 MARCH TO 30 APRIL 2024 Cash receipts Cash sales Receipts from debtors Fixed deposit Intereston fixed deposit Cash payments Cash purchase of inventory Payments to creditors Drawings Salaries Equipment Other cash operating expenses Cash surplus (shortfall) Opening cash balance Closing cash balance March (R) 2 441 800 1200 000 1000 000 240 000 1800 (3 400 000) 800 000 760000 200 000 840 000 200 000 600 000 (958 200) (157 800) (1 116 000) Additional information Cash sales make up 40% of the total sales. The balance of the sales is on credit. Credit terms to customers are 30 days. The budgeted sales for February 2024 are R2 400 000