www If I have the following data for the purpose of preparing the cash budget for Al-Iman Company for the year 2022, which has a capitals 1. Expected monthly sales in 2022 June 100,000, July 80,000, August 60,000, September 100,000, October 80,000. 2- The expected cash sales are 10%, and the forward sales are obtained on the basis of 50% in the month following the sale, 20% in the next month, 30% in the third month, and bad debts are likely to be at a rate of 15%. 3. The percentage of gross profit is 40%. 4 The company will purchase monthly raw materials based on the sales of the following month, and the purchase price will be paid in the month following the purchase. 5. The fixed expenses amount to 36000 riyals distributed equallyover the months of the year. 6 The monthly consumption estimated at 2000 riyals. 7. The variable payments amount to 10% of the sales value, 50% of which is paid in the same month estint and the rest in the month immediately following & The company will buy a new machine in June for a value of 20,000 riyals, 50% of which will be paid in cash, then a month will be given a grace period, and the rest will be paid in two equal payments. The company also plans to buy a new machine in the amount of 190,000 riyals in the month of October. ch 9 The cash balance at the end of June 2000 riyals, and the minimum requirement for cash is 1,000 riyals, "the minimum amount of cash to be kept." 10 The company will obtain a loan of 48000 riyals at the beginning of July atan annual interest rate of 5%, and the loan and its interest will be paid off at the end of September. 11- The value of the net fixed assets amounted to 8000 riyals at the end of June, and it is expected that the company will purchase other fixed assets in October, to be paid in December. 12- The company will make annual dividends to shareholders in the month of August, amounting to 20,000 riyals. Required Preparing the cash budget for the year 2022 for the months of July, Augustand September with comments on it