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PLEASE ANSWER ALL QUESTIONS

QUESTION $1($Approximate completion time: $50$ mins $)[$CLO $4]($Total $35$ marks$)$

Production Limited has recently hired you to assist in their budget preparation, and have provided you with the following information:

i$.$ The opening cash balance on $1^{st}$ January $2024$ was expected to be $$1,000,000.$

ii$.$ The sales budgeted were as follows:

$\backslash$table$[[$Months$,$$