M0 is a building supplies company that sells products to trade and private customers. Budget data for each of the six months to March are given below: m 250 000 250 000 250 000 260 000 260 000 230 000 60 000 60 000 65 000 15 000 80 000 90 000 170 000 130 000 130 000 200 000 200 000 200 000 90,000 90,000 90,000 122,000 123,000 123,000 excludin ; de - reciation 80% of the value of credit sales is received in the month after sale, 10% two months after sale and 8% three months after sale. The balance is written off as a bad debt. ?5% of the value of credit purchases is paid in the month after purchase and the remaining 25% is paid two months after purchase. All other operating costs are paid in the month they are incurred. M0 has placed an order for four new forklift trucks that will cost RM25,000 each. The scheduled payment date is in February. The cash balance at 1 January is estimated to be RM15,000