You are currently employed as the management accountant of Skip Ltd$,$ which was incorporated on $1$ January $2024.$ The opening statement of financial position $($balance sheet$)$ of the business is as follows:

Assets $$

Cash at bank $100,000$

Share capital.

$1$ ordinary shares $100,000$

During January $2024,$ the business intends to make payments of $50,000$ for a leasehold property, $20,000$ for equipment and $10,000$ for a motor vehicle. The business will also purchase initial trading inventories costing $30,000$ on credit.

The business has produced the following estimates:

$1.$ Sales revenue for January will be $10,000$ and will increase at the rate of $4,000$ a month until April. In May, sales revenue will rise to $25,000$ and in subsequent months will be maintained at this figure.

$2.$ The gross profit percentage from goods sold will be $25$ per cent.

$3.$ There is a risk that supplies of trading inventories will be interrupted towards the end of the accounting year. The business, therefore, intends to build up its initial level of inventories $(30,000)$ by purchasing $2,000$ of inventories each month in addition to the monthly purchases necessary to satisfy monthly sales requirements. All purchases of inventories $($including the initial inventories$)$ will be on one month$$s credit.

$4.$ Sales revenue will be divided equally between cash and credit sales. Credit customers are expected to pay two months after the sale is agreed.

$5.$ Wages and salaries will be $1000$ a month. Other overheads will be $600$ a month for the first four months and $800$ thereafter. Both types of expense will be payable when incurred.

$6.80$ per cent of sales revenue will be generated by salespeople who will receive $5$ per cent commission on sales revenue. The commission is payable one month after the sale is agreed.

$7.$ The business intends to purchase further equipment in June for $8,000$ cash.

$8.$ Depreciation will be provided at the rate of $5$ per cent a year on property and $20$ per cent a year on equipment. $($Depreciation has not been included in the overheads mentioned in $5$ above.$)$ Prepare a cash budget table for Skip Ltd for the six$-$month period to $30$ June $2024.$