Blue 5pruce Company prepares monthly cash budsets. Relevant data from operating budgets for 2023 are as follows: Allsales are on account. Blue Spruce expects collections to be 506 in the month of sale; 408 in the first month following the sale and 10 s in the second month followina the sale. It pays 308 of direct materials purchases in cash in the month of purchase and the balarce due in the month following the purchase. Other dataare as follows: 1. Creditsales November 2022, $201,000, Decenber 2022,3281,000 2. Fyrchayes et direct materials: December 2022.590000 9. Gither receipts Ianuary -colection of December 31. 2022, notes recelvable \$6,000; Februacy-proceeds from sale of: securities $6,000 4. Other disbursementsi February - payment of 520,000 for land 1. Cred tsales: November 2022, $201,000, Decuember 2022,5281,000 2. Puarchases of direct enaterials- Dectuber 2022.590000 3. Other receipts January-collection of December 31, 2022, notes receivable 36000 - Febnary-proceeds frowisale of securities 56000 4. Other disbursements. Febnary-papment of 520000 for land The compary erpecti its cash balance on January 1, 2023. to be 550.000 th wants to mainean a minimum cach balafice of 539000 Precare schedules far (1) the expected collections from custoners (2) the expected bayients for dinect materals jurchases Laid the expected pypmenta for direct matera surctuses. Quention Part Score Precen a cash todoet for lanuary and Februacy uuine columns for each mosth LORCH COMPANY Cash Blouduet For the Two Months Ending February 2s, 2023