that's the whole info about the question

(Question 1) Coco Melon Corporation currently doing forecasting on company's fund requirement for the last quarter of 2021. Below are the company's actual and forecast sales. RM RM Actual sales July 2021 August 2021 Forecasted sales October 2021 300,000 360,000 350,000 November 2021 380,000 September 2021 370,000 December 2021 300,000 January 2022 320,000 Additional information: i. From total sales, 60 percent will be collected by cash and 40 percent will be collected in the following month. ii. Purchase of material will be 50 percent of the month sales and paid in the following month. iii. Wages of company's worker estimated to be 8 percent of the month sales. iv. Interest on company's long-term loan, RM40,000 will be paid in two equal payment in October and December. v. Monthly payment of rent and insurance amount RM16,000 and RM6,000 respectively. vi. Coco Melon Corporation plan to buy a new machine to improve the operation in November cost about RM35,000. vii. Interest on short term loan is at 6 percent annually and paid in the following month viii. The company has ending cash balance from December amount RM10,000 and the company wishes to have minimum cash requirement of RM18,000 per month. Prepare the cash budget for the company for the last quarter 2021. (25 marks) 25 marks