Blue Spruce Corp. prepares monthly cash flow to monitor its fund efficiencies. Here are relevant data

from operating division for $2017$:

Details January February

Sales $$360,700$ $$401,100$

Purchases $121,500131,400$

Salaries $84,60081,000$

Administrative expenses $71,00073,700$

Selling expenses $79,00086,900$

All sales and purchases are on $60$ days credit term. Total collections and disbursements are given

below. All other expenses are paid in the month incurred, administrative expenses include a

depreciation costs of $$1,200$ per month.

Other data:

$1.$ Collections from customers: January $$328,100$; February $$378,200.$

$2.$ Payments for purchases: January $$111,400$; February $$144,900.$

$3.$ Other receipts: January: a collection of December $31,2016,$ notes receivable $$18,400$; February:

proceeds from the sale of securities $$5,500.$

$4.$ Other disbursements: February $$13,000$ cash dividend.

The company's cash balance on January $1,2017,$ is expected to be $$47,400.$ The company wants to

maintain a minimum cash balance of $$45,910.$

Prepare a cash flow for January and February $2017.$