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Blossom Company expects to have a cash balance of $55,350 on January 1,2020. Relevant monthly budget data for the first 2 months of 2020 are as follows. Collections from customers: January $104,550, February $184,500. Payments for direct materials: January $61,500, February $92,250. Direct labor: January $36,900, February $55,350. Wages are paid in the month they are incurred. Manufacturing overhead: January $25,830, February $30,750. These costs include depreciation of $1,845 per month. All other overhead costs are paid as incurred. Selling and administrative expenses: January $18,450, February $24,600. These costs are exclusive of depreciation. They are paid as incurred. Sales of marketable securities in January are expected to realize $14,760 in cash. Blossom Company has a line of credit at a local bank that enables it to borrow up to $30,750. The company wants to maintain a minimum monthly cash balance of $24,600