2 Abuhatim LLC has given the following particulars. You are required to prepare a cash budget for the three months ending 31st December 2019 Credit terms are 1. Sales Debtors 10% sales are on Cash , 50% of the credit sales are collected in next month and the balance in the following month 2. Creditors - materials 2 months Wages 1 month Over heads - 1 month 3. Cash balance on 1stOctober is expected to be OMR. 8000 4. A machinery will be installed in August at a cost of OMR.100,000, the monthly instalment of OMR. 5000 is payable from October onwards 5. Dividend at 10% on preference share capital OMR. 300,000 will be paid on 1st December 2019 6. Advance to be received for the sale of vehicles OMR.20000in December 7. Income tax tobe received in December OMR. 5000