Nextron Company prepares monthly cash budgets. The following data has been extracted from existing reports, and the subsidiary budgets for the two months of September and October 2022. All sales are on credit. Collections from debtors normally have the following pattern: 60 per cent in the month of sale, 30 per cent one month later, and 10 per cent two months later. Fortunately, Nextron does not have much trouble with bad debts. Sales in June, July and August were RM2,950,000, RM2,660,000 and RM3,020,000 respectively. Purchases are paid for in the next month. Purchases in August were RM1,820,000. Manufacturing overhead includes RM125,000 for depreciation expense, while the administration expenses include an amount of RM56,000 for depreciation expenses. Both manufacturing overhead and administration expenses are paid in the same month. Nextron expects to be able to repay the principal on a RM500,000 loan in October. Required: Prepare a cash budget for two months ending 31 October 2022. The cash balance at 31 August 2022 is expected to be RM126,000. (11 marks)