(b) Farmshop Limited was preparing a budget for the quarter ending 30th September, 2017. Stock on hand at the close of June was Sh. 72,000 while the balance at bank was Sh. 10,000. Because of pressure on liquid resources the director directed that levels for each month be reduced to an amount sufficient to cover the following two months' sales. Purchases are paid by end of the month following. The amount payable for June purchases was Sh. 36,000. Budgeted sales which yield a gross profit of 3331% on cost were: 10% of sales is cash and of the credit sales 32 is payable in the month after sales and the balance the following month. Credit sales in May was Sh. 24,000 and June, Sh. 26,100. The annual rental for offices is Sh. 18,000 payable monthly. Other payments made are: Required: Prepare cash budget showing the balance at the end of July, August and September