4. The following information is available for Blair Corp.: (1) The cash balance in 1/1/20X7 was $2,600. (2) Cash collections for January and February are projected at $6,500 and $5,900 respectively. (3) Loans outstanding at 1/1/20X7 were $950. (4) Cash disbursements for January and February are projected at $3,600 and $7,200 respectively. (5) A minimum cash balance of $2,400 must be maintained throughout ther budget period.. (6) Assume that any loans outstanding are repaid in the period in which a cash surplus occurs. Required: Prepare the cash budget for January and February, 20x7