anner Company expects to have a cash balance of $56,115 on January 1, 2017. Relevant monthly budget data for the first 2 months of 2017 are as follows. Collections from customers: January $105,995, February $187,050. Payments for direct materials: January $62,350, February $93,525. Direct labor: January $37,410, February $56,115. Wages are paid in the month they are incurred. Manufacturing overhead: January $26,187, February $31,175. These costs include depreciation of $1,870 per month. All other overhead costs are paid as incurred. Selling and administrative expenses: January $18,705, February $24,940. These costs are exclusive of depreciation. They are paid as incurred. Sales of marketable securities in January are expected to realize $14,964 in cash. Danner Company has a line of credit at a local bank that enables it to borrow up to $31,175. The company wants to maintain a minimum monthly cash balance of $24,940. Prepare a cash budget for January and February. (Do not leave any answer field blank. Enter "0" for the amounts.) DANNER COMPANY Cash Budget January February $ $ : : : : $ $