Bonita Company prepares monthly cash budgets. Relevant data from operating budgets for 2023 are as follows: All sales are on account. Bonita expects collections to be 50% in the month of sale. 408 in the first month following the sale, and 10x. in the second month following the sale. It pays 30% of direct materials purchases in cash in the month of purchase and the balance due in the month following the purchase. Other data are as follows: All sales are on account. Bonita expects collections to be 50% in the month of sale, 40% in the first month following the sale, and 10% in the second month following the sale. It pays 30% of direct materials purchases in cash in the month of purchase and the balance doe in the month following the purchase. Other data are as follows: 1. Credit sales: November 2022,5200,000, December 2022,$282,000 2. Purchases of direct materials: December 2022, $91,000 3. Other receipts: January-collection of December 31.2022 notes receivable $5. 000. Fobruary-proceeds from sale of securities $7,000 4. Other disbursements: Fetruary - payment of $20,000 for land The company expects its cash balance on January 1,2023, to be 550000 . It wants to maintain a minimum cash batance of $41,000. Prepare a cash budget for January and February using columns for each month