Below are the forecasted receipts and cash payments from Wisconsin Company for the first four months of the year: January February March April Budgeted Cash Collections $852.000 $404,000 $425,000 $530,000 Budgeted Cash Payments: Operating Expenses $282,000 $615.000 $ 607,000 $921,000 Dividends $380,000 Equipment Purchase Total Budgeted Cash Payments $143,000 $750,000 $282,000 $ 995,000 $921,000 On January 1, Wisconsin Company had a cash balance of $378,000. Wisconsin Company implemented a new policy this year mandating a cash balance of at least $392,000 at the end of each month and using any surplus to pay down loans. What is Wisconsin Company's ending cash balance for January? $948,000 $852,000 $1,326,000 $392,000