The following information is available for Nsikayezwe Enterprises 1. On 30 April 2020 the bank account in the general ledger reflected a debit balance of R30 000 2. Actual and expected sales at R20 per unit (excluding discounts) are as follows Description Actual Budgeted April (Units) May (units) June (units) Cash sales 5 000 7 000 4 000 Credit sales 8 000 6 000 9 000 3. A discount of 10% is given to customers on cash sales 4. Customers who purchase on credit usually pay one month after the sale 5. The production records for finished goods reveal the following: Details Actual Budgeted March April May June Production costs R R R R 40 000 36 000 34 000 35 000 Direct material Direct labour 26 000 24 000 22 000 23 000 Overheads 18 000 17 000 15 000 16 000 6. 50% of the direct material purchased bought on credit and the balance is purchased by cheque. Creditors are usually paid two months after the purchase 7. Payment of overhead costs and selling and administrative costs are delayed by one month. Selling and administrative costs are as follows: R10 500 April (Actual) May (expected) June (expected) R12 000 R11 500 8. Employees involved in the production of finished goods are paid monthly 9. Khumalo Enterprises expects to obtain a long term loan of R100 000 during June 2020 Required: 3.1 Prepare the cash budget of Nsikayezwe Enterprises for the period of 01 May 2020 to 30 June 2020