In July 2022, MT Company incurs credit purchase and other expenses as follows:

Month	Credit Purchase ($)	Credit Sales ($)	Office Expenses ($)	Selling Expenses ($)	Manufacturing Expenses ($)	Wages ($)
May	40,000	70,000	4,000	2,000	3,000	10,000
June	20,000	80,000	2,000	3,000	4,000	10,000
July	50,000	75,000	3,000	5,000	3,500	10,000
August	50,000	60,000	6,000	4,500	4,000	10,000

The cash balance as on 1 July 2022 is $5,000. Advance tax of $2,000 is payable in August 2021. Period of credit sales allowed is 1 month. Credit period authorized by suppliers is two months, the payment lag for manufacturing and office cost is 0.5 month, and the pay in advance for selling cost is one month. Prepare the cash budget for the July 2022.