Design cash budget from the following information's Lenovo Group Limited, often shortened to Lenovo, is a Chinese multinational technology company. It develops sells, repairs, and supports computers and related products and services. Prepare a cash budget for the company for three months ending 31 December 2020 from the information given below. Credit Cash Credit Month Cash Sales Purchases Purchases Sales Other Expenses $4,250 $5,125 $5,313 51.250 August $5,125 September $6,375 October $7,100 $4,625 $4,750 $8,375 5938 $4,275 $55,00 59,250 $1.250 November $8,125 $1.875 $9,273 $5,375 $6,438 $7,500 52,182 $8,015 $6,000 $4,650 December 1. Credit terms: a. Creditors allow two months to make payments. b. Debtors are allowed one month to make payments. 2. Every month $770 is received as interest 3. Interest on loan have to pay in November $900. 4. Interest on investment will receive in December $825. 5. Every month $500 is paid for wages. 6. Time-lag for payment of other expenses is one month. 7. Opening balance on 1 October is expected to be $2,000 A B 1