You are the CEO of a company and you want to make a monthly budget for your company for the next six months. after taking the monthly requisition from a different department, the monthly salaries of your employees are 1.5 million Administrative expense is 200000 corporate tax is 32% of your EBIT, which is payable once a year on September 1st Depreciation charges are 50000 You need to maintain a minimum balance of Rs. 150000 Your collections are as follows:

first month 10%

second month 53%

third month 27%

fourth month 10%

Miscellaneous expense is 34000 Total sales of each month are 2.5 million at the start of the budgeting month, which is increasing at the rate of 4% per month Currently you have Rs. 230000 in your hand cost of sales is 73% of sales. prepare a cash budget for your organization.