B. GreenHarvest has prepared a Cash Budget for JANUARY, shown below (5 Marks) (GreenHarvest cash balance as at 31st December 2019 is $26,500) + Green Harvest Pty Ltd Cash Budget For the period ending January 2020 ANTICIPATED RECEIPTS Fees (cash) Receipt of Loan Receipt from accounts receivable Proceeds from sale of surplus NCA Dividends Received Total receipts ANTICIPATED PAYMENTS Salaries and wages Administration Supplies Payment to accounts payable New equipment Plants Total Payments Excess (Deficit) receipts over payments Required: Jan (S) 140,000 50,000 45,000 20,000 5,000 260,000 70,000 1,000 8,500 6,000 175,000 42,000 302,500 (42,500) With reference to the Cash Budget shown above; provide GreenHarvest's management with the cash balance amount at the end of January. Indicate whether this is an acceptable situation. Further make three (3) suggestions that may help GreenHarvest to improve their cash position (5 Marks)