Bramble Company expects to have a cash balance of $$134,500$ on January $1,2020.$ Relevant monthly budget data for the first $2$ months of $2020$ are as follows:

Collections from customers: January $$243,600,$ February $$438,700.$

Payments for direct materials: January $$153,000,$ February $$246,500$

Direct labor: January $$90,200,$ February $$132,400.$ Wages are paid in the month they are incurred.

Manufacturing overhead: January $$63,200,$ February $$74,000.$ These costs include depreciation of $$4,900$ per month All other overhead costs are paid as incurred.

Selling and administrative expenses: January $$44,500,$ February $$59,400.$ These costs are exclusive of depreciation. They are paid as incurred.

$($a$)$

Your answer is partially correct.

Prepare a cash budget for January and February. $($Do not leave any answer field blank Enter $0$ for amounts.$)$