The following information is available from the budgets of Bose Ltd. Months Jan. Cash sales Credit sales Purchase for resale Salaries Overheads $000 128 1140 880 256 150 Feb. $000 74 760 560 270 140 March $000 75 640 520 240 150 April $000 90 800 320 250 130 1. Additional information available: 5% of all credit sales are expected to become bad debts. Credit customers pay in the month following the month of sale. 2. Purchases are all on credit and creditors allow 2.5 % cash discount for payments in the month following purchase. All payments are made in the month following purchase. 3. Salaries are paid in the month in which they are due. 4. Overheads include $20 000 each month for depreciation. The overheads are paid in the month in which they are incurred. 5. Two new motor vans were bought each costing $ 20 000 and are due for payment in April. 6. Tax due amounting to $ 150 000 is to be paid in March. 7. The balance at bank on 1** February amounted to $ 200 000. Required: (a) A cash budget in tabular form for February, March and April. (10 marks) (b) Explain briefly about five (5) types of budgets of organisations