Platinum Hygiene Sdn Bhd is a manufacturing company that produces disposable face mask. Given below is the operational budget for the company for the first quarter of 2021. 1. 2. 3. 4. 5. 6. 7. JAN FEB 3,000 3,200 80,000 100,000 MAR 3,400 120,000 Month Sales (units) Purchases of materials (RM) The average selling price of disposable face mask is RM50 per box. The collection of the monthly sales is as follows: 50% of the sales are collected during the month of sale and are given a cash discount of 5%. the remaining 50% is collected one month after the sales. All purchases of materials are on credit terms. 40% are paid during the month of purchase and the balances are to be paid on the subsequent month. Administrative expenses are budgeted at 15% of monthly sales amount and are paid in the same month as they are incurred. Annual depreciation of RM24,000 is included in the administrative expenses. The depreciation is deemed to accrue evenly over the year. Maintenance expenses is budgeted at the rate of 2% of monthly sales and these expenses are paid within the same month. The company plans to purchase a new machine costing RM50,000 in January 2021. 20% is payable during month of purchase. The balance will be paid in four monthly equal installments starting from February 2021. Dividend from an investment is scheduled to be received at the end of March 2021 that amounted to RM13,000. 8. Due to the current economic situation the bank balance as at 31 January 2021 is expected to be in a deficit figure of RM48,750. Required: Prepare a cash budget for Platinum Hygiene Sdn Bhd for the months of February and March 2021. (8 marks)