Dec Nov. 180,000 113,000 7. The following are the projected cash expenditures for 2018 in AED July August Sept. Oct Manufacturing 152,000 138,000 186,000 2 02,000 Overhead Selling 98,000 1 06,000 82,000 146,000 Expens Administrative 3 26,000 322,000 388,000 364,000 Expense Equipment 200,000 600,000 1,200,000 purchase 88,000 84,000 300,000 294,000 On June 30, 2018, the company had a cash balance of AED 272,000 on hand. The company has an arrangement with their bank to have a bank overdraft policy of maximum AED 500,000 as and when needed and borrows in the nearest '000s. The interest on the overdraft is 1.2% per month and paid at the time of loan repayment. The company also have a policy of maintaining a minimum cash balance of AED 200,000 at the end of each month. In November, the company plans to pay a dividend of AED 300,000. 8. Prepare a Cash Budget for the last 6 months of 2018 and in total. (25 marks) 9. Cover Page and Formatting a) Cover Page (2 marks) b) Table of contents c) Formatting e E E - H