3. All the purchases of MLM Textile are made on account. Eighty percent of the purchases are paid on the month of purchase, and the remaining 20% are paid the following month. MLM avails itself of 5% discount in full provided by the suppliers in all purchases. Sixty percent of the sales of MLM Textile are made on account. Eighty percent of the sales on account are made on the month of sale when the customers are granted 2% discount. Eighteen percent of the credit sales are collected the following month, but customers pay beyond the discount period of 10 dyas from the date of sale. The remaining two percent is considered uncollectible. The following additional data are provided as follows Operating Sales Purchases Expenses December 2018 (actual) 250,000 160,000 45,000 January 2019 (estimated) 300,000 200,000 60,000 February 2019 (estimated) 380.000 240,000 70,000 March 2019 (estimated) 450,000 380,000 95,000 The cash balance of the business on January 1, 2019 is P80,000. The business plans to but additional equipment in February 2019 amounting to P150,000 and will make a 60% down payment on the month of purchase. The balance will be paid the following month. Prepare the monthly cash budget of MLM Textile with supporting schedules for the months of January, February, and