The management of Sabture Ltd decided to prepare a cash budget for September and October The following information is available: July R June August September October R R R R Sales: Cash 340 200 650 000 410 000 380 000 420 000 Credit 630 000 720 000 840 000 740 000 500 000 Purchases 731 500 555 700 940 000 480 000 650 000 Salaries and Wages 72 300 72 300 72 300 72 300 72 300 Sundry expenses 19 600 21 800 22 400 22 500 23 000 Additional information: 1. Cash in respect of credit sales is collected as follows: 50% within 30 days 30% within 60 days 15% within 90 days 5% is uncollectable 2. The following discounts are allowed on sales: 10% on cash sales 5% on credit sales if accounts are settled within 30 days. 3. All salaries, wages and expenses are paid in cash. 4. Sundry expenses, which are paid in cash, include depreciation of R4 500 per month 5. Seventy percent (70%) of all purchases are on credit and are paid during the month that follows the month of transaction. 6. On 31 October an interim dividend of R8 000 was declared. 7. The cash in the bank on 31 August was R2 900 REQUIRED: Prepare a cash budget for the period 1 September to 31 October (Each month to be shown separately in a columnar form.)