(C) The following revenue and cost information have been compiled for ABC Berhad. Month August (actual) September (actual) October (forecast) November (forecast) December (forecast) Sales (RM) 3,000,000 4,500,000 1,000,000 1,500,000 2,000,000 Purchases (RM) 35,000,000 2,000,000 500,000 750,000 1,000,000 ABC Berhad collects 60 percent of sales for cash and 40 percent of its sales one month later. Interest income of RM50,000 on marketable securities will be received in December ABC Berhad pays cash for 40 percent of its purchases. ABC Berhad pays for 60 percent of its purchases the following month. Salaries and wages amount to 15 percent of the preceding month's sales. Sales commissions amount to 2 percent of the preceding month's sales. Lease payments of RM100,000 must be made each month. A principal and interest payment on an outstanding loan are due in December of RM150,000. ABC Berhad pays dividends of RM50,000 at the end of the quarter. Fixed assets costing RM600,000 will be purchased in December. Depreciation expense each month of RM45,000. ABC Berhad has a beginning cash balance in October of RM100,000 and maintains a minimum cash balance of RM200,000. Required: Prepare a cash budget for ABC Berhad in October, November, and December based on the information shown above. Based on these three months' cash budgets, recommend good liquidity management in managing the cash holdings for ABC Berhad in the short term. (14 marks)