Jireh Fabrication Company is in the process of preparing the cash budget for the last four months of 2015 that is September to December. The following information has been made available. i. Projected sales Sept. Oct. Dec. Quantity (units) 60000 65000 65000 70000 Nov. li. Selling price is GH10 per unit but expected to drop by 5% from 1" November ii. Payment for goods sold is as follows; 20% in the month of sales, 60% the following month after sales and the balance in the second month after sales. Bad debt is estimated at 2% of sales value. iv. Purchases of goods at GH6 per unit are as follows: September 70000 units, October 70000 units, November 72000 units and December 65000 units. Goods purchased are paid one month in arrears. vi. Monthly expenses estimated at 12% on sales revenue are paid in the month of incurrence vii. The company plans to buy a delivery van at GH270000, 40% of the cost to be paid in October and the balance in January 2015 viii. The Director withdraws GH20000 monthly for personal expenses. ix. Extracts from August figures are as follows: a Debtors GH460000 out of which GH100000 is part of July sales before bad debt Creditors for goods GH200000 Cash GH70000 Required: Prepare Monthly cash budget for the four months ending December 2015