You are required to prepare the cash budget for the two months of January and February 2021 The following is the projected information: January 2021 February 2021 Cash sales R288,347 R305,794 Receivables collection R68,699 R71,325 Cash purchases R33 744 R36,372 Rent payment R7.456 R7 456 The bank balance on 1 January 2021 is expected to be R212 789 favourable A fixed deposit for R101625 is expected to mature on 25 January 2021 Equipment to the value of R140508 To be purchased on credit in January 2021 and will be paid in full on 28 February 2021 The expected closing bank balance on 28 February 2021 will be R