Sash Company is planning its cash needs for the fourth quarter. The following information has been assembled to assist in preparing a cash budget for the quarter: a. The Total cash collections and disbursement for purchases are as follows (All amounts are in dollars): follows: Total Cash collection Total Cash disbursed for purchases Selling expenses Administrative expenses Nov. 46,500 49,760 36,000 36,750 Selling and administrative expenses will be incurred and paid as V Oct. 7,200 5,600 11,700 7,200 Dec. 59,600 30,37 5 8,000 6,100 b. Land costing $2,500 will be purchased in October. c. Dividends of $3,000 will be declared and paid in November. d. The cash balance on October 1st is $10,000. e. The company must maintain a cash balance of at least $18,000 at the end of each month. f. The interest rate on the loans is 13% per year. The company's repay the loan plus accumulated interest at the policy is to end of the quarter. Required: (Use rounding-off when it is needed): Prepare A cash budget for October, November and December (20 marks)