Following is the data of Negeri Merken required in preparing the budget for the year 2022.

REQUIRED: As an accountant of Negeri Merken, you are required to prepare a comprehensive budget for the year 2022 based on General Object Code. (Please show all calculations).

1. Estimated Revenues Revenues Drainage Tax Royalty on Water Current Land Tax Entertainment Tax Repayment of House Allowance Arrears on Land Tax Grant for Operating Expenditures Royalty on Timber Per Capita Grant Arrears on Drainage Tax Non Tax Revenues Repayment of Salary Due to Resignation RM 261,013.00 13,468,573.00 30,550,000.00 951,500.00 410,759.00 3,220,000.00 1,038,667,021.00 10,000,000.00 19,950,000.00 104,195.00 130,644,909.00 1,772,030.00 2. Estimated Operating Expenditures Total Estimated Operating Expenditures is RM1,375,000,000.00 of which 7% is allocated under the Article 98 of the Federal Constitution and 93% is allocated under Article 100 of the Federal Constitution. Both estimated expenditures will be distributed on the following basis: Expenditures Emolument Supplies and Services Assets Grant and Fixed Charges Other Expenditures Percentage (%) Article 98 Articles 100 51 52 23 22 15 14 10 11 1 1 3. Estimated Development Expenditures consist of: RM Expenditure on State Development Fund 615,154,270.00 Water Supply Department 19,200,000.00 1. Estimated Revenues Revenues Drainage Tax Royalty on Water Current Land Tax Entertainment Tax Repayment of House Allowance Arrears on Land Tax Grant for Operating Expenditures Royalty on Timber Per Capita Grant Arrears on Drainage Tax Non Tax Revenues Repayment of Salary Due to Resignation RM 261,013.00 13,468,573.00 30,550,000.00 951,500.00 410,759.00 3,220,000.00 1,038,667,021.00 10,000,000.00 19,950,000.00 104,195.00 130,644,909.00 1,772,030.00 2. Estimated Operating Expenditures Total Estimated Operating Expenditures is RM1,375,000,000.00 of which 7% is allocated under the Article 98 of the Federal Constitution and 93% is allocated under Article 100 of the Federal Constitution. Both estimated expenditures will be distributed on the following basis: Expenditures Emolument Supplies and Services Assets Grant and Fixed Charges Other Expenditures Percentage (%) Article 98 Articles 100 51 52 23 22 15 14 10 11 1 1 3. Estimated Development Expenditures consist of: RM Expenditure on State Development Fund 615,154,270.00 Water Supply Department 19,200,000.00