The following information pertains to Shang Berhad for the year 2021: Month Sales Purchases January 112,000 40,000 February 128,000 45,000 March 145,000 50,000 April 160,000 60,000 May 180,000 70,000 June 220,000 75,000 Cash is collected from customers in the following manner: Month of sale 30% Month following sale 45% Two months following sale 25% 45% of purchases are paid for in cash in the month of purchase, and the balance is paid the following month. REQUIRED: Prepare a summary of cash collections for the 2nd quarter. b. Prepare a summary of cash disbursements for the 2nd quarter. a (10 marks) (10 marks)