Use the information provided below to prepare the following for January and February 2024: 3.1 Debtors Collection Schedule 3.2 Cash Budget INFORMATION The following information supplied by Orbit Enterprises: 1. Orbit Enterprises expects to have an unfavourable bank balance of R36 000 on 31 December 2023. Expected sales are as follows: 2. November 2023 December 2023 3. 4. January 2024 February 2024 Credit sales account for 60% of the total sales. The rest of the sales is for cash. The amounts owed by debtors are usually collected as follows: 20% is collected in the same month as the credit sales for a 2% cash discount. 75% is collected in the month after the sale. 5% is written off as bad debts. (4 marks) (16 marks) R400 000 R500 000 R440 000 R460 000