(1) Saurashtra Co. Ltd. wishes to arrange overdraft facilities with its bankers from the period August to October 2010 when it will be manufacturing mostly for stock. Prepare a cash budget for the above period from the following data given below: Month Sales ($) Purchases ($) Wages ($) Mfg. Exp. ($) Office Exp. ($) Selling Exp. ($) June 180,000 124,800 12,000 3,000 2,000 2,000 July 192,000 144,000 14,000 4,000 1,000 4,000 August 108,000 243,000 11,000 3,000 1,500 2,000 September 174,000 246,000 12,000 4,500 2,000 5,000 October 126,000 268,000 15,000 5,000 2,500 4,000 November 140,000 280,000 17,000 5,500 3,000 4,500 December 160,000 300,000 18,000 6,000 3,000 5,000 Additional Information: (a) Cash on hand 1082010 $25,000. (b) 50% of credit sales are r