April RM 80,000 August RM 130,000 May RM 100,000 September RM 120,000 June RM 120,000 October RM 100,000 July RM 130,000 November RM 110,000 b) The collection of the sales receipt are as follows: i. 50% is collected in the month of sales ii. 35% is collected one month after sales iii. 10% is collected two month after sales iv. 5% is uncollected c) Merchandise is purchased two month before the sales month and is paid 1 month after it was sold. Purchases equal 80% of sales. d) Monthly rent expenses of RM 3,000 e) Wages and salaries for the coming months are estimated as follows: