Bass Company has $12.500 in cash on hand on January 1 and has collected the following budget data: Click the icon view the budget data) Assume Bass has cash payments for selling and administrative expenses induding salaries of s40,000 plus commissions of 2% ofsales, a paid in the month ofsake The February? Beginby preparing the cash budget for January. then prepare the cash budget for February Complete alinput boxes. Enter a or for any zero balances) Bass Company Cash Budget Two Months Ended January 31 and February 28 January February Data Table Cash available February 1.330.000 690.000 Purchases of merchandise inventory Cash receipts from customers 851.850 871.000 Selling and administrative expenses Cash payments for merchandise inventory 532.310 Total cash payments Ending cash balance before financing Projected cash excess (deficiency) Principal repayments Total effects of financing Ending balance Enter any number in the edr fields and then continue to the next question Type here to search