Question 4 Mahogany Trading is in the business of trading electrical goods. The following sales are expected over the 6-month period from July 2022 to December 2022. Wages of RMI , 500 are paid in the month that they are incurred. Overhead expenses of RM600 are due and paid each month. On 1 st November, Mahogany plan to buy a second-hand van for RM8,000. The old van will be sold on 15 December 2022 for RM2,500. Sales are all on credit and the company policy is to allow a 2-month credit period. Half of the purchases are on credit and the length of credit period allowed is a month. The other half of the purchases are for immediate settlement. The balance at the bank as at 31 August 2022 is RM6,000. Required: Prepare a cash budget for the 4-month period ending 31 December 2022