2 (CLO 3) Jingga Big Supplies' projected sales for the next six months of 2022 are given below. July RM500,000 October RM800,000 August RM600,000 November RM900,000 September RM800,000 December RM800,000 40% of sales is collected in the month of the sale, 50% is collected in the month following the sale, and 10% is written off as uncollectible. Cost of goods sold is 70% of sales. Purchases are made on the month prior to the sale and are paid during the month the purchases are made (i.e., goods sold in August are bought and paid for in July). Total other cash expenses are RM50,000/month. The company's cash balance as of 30 September 2022 will be RM40,000. Excess cash will be used to retire short-term borrowing (if any). Jingga Big has no short-term borrowing as of 30 September 2022. Assume that the interest rate on short-term borrowing is 1% per month. The company must have a minimum cash balance of RM20,000 at the beginning of each month. Round all answers to the nearest RM100. Required: Prepare Jingga Big's cash budget for the fourth quarter of 2022. marks) (10