The following information pertains to B Traders for the three months ended 30 June 2022: Actual Budgeted April R Sales (20% for cash and 80% on credit) Purchases (10% for cash 90% on credit) Salaries and wages paid Cash expenses Depreciation . 500 000 360 000 70 000 28 000 . 2.000 May R 540 000 410 000 90 000 32 000 2.000 June R 580 000 450 000 100 000 36 000 2.000 The remaining 5% is usually written off as bad debts. Trade creditors are paid in the month after the purchases at a discount of 5% 50% of the salaries and wages are weekly wages. Because wages are paid weekly, usually 10% of the wages are paid in the month following the month in which they were incurred. Expenses are paid as they arise The favourable bank balance on 1 May was R30 000. Required: Prepare the Cash Budget of B Traders for June and July 2022. It is expected that debtors will settle their accounts as follows: 20% in the month of sale 70% in the month after the month of sale, and 5% in the second month after the month of sale (25)