$\backslash$table$[[$Interest$,1\mathrm{.}2],[$Profit before tax,$3\mathrm{.}3],[$Tax$,1\mathrm{.}8],[$Profit after tax,$1\mathrm{.}5],[$Dividends$,1\mathrm{.}0],[$Retained earnings,$0\mathrm{.}5]]$

During the year $n+1,$ the firm plans to raise a secured term loan of $1$ million, repay a previous term loan to the extent of $0\mathrm{.}5$ million. Current liabilities and provisions would increase by $5$ percent. Further, the firm plans to acquire fixed assets worth $1\mathrm{.}5$ million and raise its inventories by $0\mathrm{.}5$ million. Receivables are expected to increase by $5$ percent. The level of cash would be the balancing amount in the projected balance sheet.

Given the above information, prepare the following:

$($i$)$ Projected cash flow statement

$($ii$)$ Projected balance sheet