Question two The following relates to Z itd company for the year ended 30m September 2022. Additional information: a) From the past experience, the company has learned that 40% of a month's sales are collected in the month of sales, 50% are collected in the month following sales and the remaining 10% are collected in the month second month following sales. Bad debts are negligible and can be ignored. May sales totaled ksh 600,000 and ksh700,000. b) Depreciation accounts for 3% of budgeted sales. c) The production overheads are paid in the month of occurrence. d) The wages and salaries paid in the month of occurrence e) The sales commission budgeted at 2% of budgeted sales. Required: i. Prepare a cash budget for the three months ending September 2022(12mks) ii. Compute the accounts recelvable as at September 30th 2022. (3miss)