The following information pertains to Martin Berhad for the year 2020: Month Sales Purchases July RM270,000 RM90,000 August 220,000 80,000 September 250,000 96,000 October 280,000 110,000 November 295,000 150,000 December 260,000 140,000 Cash is collected from customers in the following manner: Month of sale 40% Month following sale 25% Two months following sale 35% 60% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. REQUIRED: a. Prepare a summary of cash collections for the 4nd quarter (10 marks) b. Prepare a summary of cash disbursements for the And quarter. (10 marks) (a) uly August September October November December July A September October November December Cash collection (b) Illy August September October November December July August September October November December Cash disbursement May Trading Sdn Bhd makes flower. The following are the budget for the next financial period