One company is concerned about its cash flows, so it asked the accountant to prepare a cash balance for the three months ended June $31,2024$

The data provided are as follows:

$1-$ Sales are expected to increase by $12\%$ each month and purchases will increase by $8\%$ every month from April.

$2-$ The company's collection policy is based on the collection of $20\%$ in the same month of sale and $40\%$ in the following month of sale and the remainder two months after the date of sale.

$3-$ The payment policy for purchases is based on payment of $25\%$ in the same month and $30\%$ in the following month and the remainder two months after the date of purchase.

$4-$ The company expects salaries from February to increase by $15\%.$

$5-$ Rent amounts to SAR $120,000$ per year, paid in advance every three months in January, April, July and December each year.

$6-$ A regular dividend of SAR $15,000$ for $2022$ will be paid in May $2024.$

$7-$ Company managers arranged a bank loan of SAR $100,000$ that will be added to the company's current account in May $2024.$

$8-$ The bank's balance at the beginning of April $2024$ is SAR $100,000.$

$9-$ The cash sale rate is $20\%$ and the term purchase is $25\%.$

Required: Preparation of the company's estimated cash balance for the second quarter of $2024$