Cotton manufacturers Inc. prepares monthly cash budgets. Provided below is a set of relevant data extracted from existing reports and the sub-budgets for the two months ending September and October. September $ October $ Credit Sales 420 000 520 000 Direct Material purchases 172 000 220 000 Direct Labour 55 500 65 200 Manufacturing Overheads 25 000 25 500 Marketing and Administration expenses 43 000 40 000 Proceeds from sale of Old Equipment 41 000 Cash Pament for new IT Equipment 20 000 10 000