1 Collections from antomer: Janary 5156200 . February $321200. 3. Wages: January 566,000 . February $88,000. Wases are paid in the month theyare incurred 4. Adminlstrative eqpenses January $46.200, February $52.600. These conts include depredition of 52.200 per month. Ali other costs are pald as incurred: 5. Selling expensew Ianuary $33.000, February 544,000 . These costs are extustue of degreciation. They ate paid as incurred 6. S3les of short-term investments in January are expected to realse 526.400 in cash f fumoih Company has a ine of creditat a local bank that enables it to bortow up to 555.000. The cotepany wantsto maintaina minimum monthly cash balance of 544,000 . Preparea castu budget for January and February. (Likt items that increase cash bolance Arst) PHAROAH COMPANY Cash Budget