Crockett Company is preparing a cash budget for July. The following estimates were made:

1. Expected cash balance, July1, Rs.5,000.

2. Company Purchased Equipment for factory use for 2,700 during July

3. Rockett's customers pay for 50% of their purchases during the month of purchases and balance during the following month.

4. Merchandise is purchased on account for resale, with 25% of purchases paid for during the month of purchase and the balance paid during the following month.

5. Dividends of Rs.15,000 are expected to be declared and paid during July. 6. Crockett's desire is to have a minimum month end cash balance of Rs.5,000.

7. A line of credit for Rs. 50,000 is available at the local bank.

8. Other budgets include the following estimates:

June And july

	June	july
Sales (all on account)	30,000	40,000
Purchases	10,000	15,000
Depreciation expense	5000	6000
Cost of good sold	12000	16000
Other marketing and administrative expenses	9000	10000

Required:

Prepare a cash budget for the month of July.